IPO Market

Dog Days of Summer for IPO Market ?

Many of you know, from previous entries that the Tesla IPO (NASDAQ:TSLA) was a wild ride and offered huge gains to many who bought in the aftermarket. However, this week is no different from years past. Using the word slow is an understatement. Consequently, Fortune Bank IPO (NASDAQ:FBBC) is the only new issue scheduled to trade this week. The outlook for the deal is a mild premium and in no way can be confused with Tesla Motors Inc which provided many with the volatility and excitement that you can find in penny stocks. Next week will be a little more active with three deals scheduled to price. Business software company, Qlik Technologies IPO (NASDAQ:QLIK) is thought by some to trade at a decent premium.  Real ID (NYSE:RLD) is also expected to trade at a  nice premium.

The remaining IPO on the syndicate calendar is the Canadian company Smart Technologies IPO (NASDAQ:SMT) which IPO services say may trade at a small premium. Keep in mind that Tesla traded higher on a big down day in the market. While you never know how new issues will trade, quality offering can still trade at premiums in bad markets. The best thing to do is form a list and be prepared. It doesn’t matter whether your investing in an IPO list or a penny. Being prepared to act is the key. Remember there is an Tesla aftermarket buyer who was filled @ 17.54. That buyer had the opportunity to sell the stock over $30 the next day. Now that is a massive gain! I think it’s safe to say that some of those Tesla aftermarket buyers did their homework.  IPO’s and penny stocks can offer huge gains and we are always looking for the next huge winner.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.