The IPO Buzz: IPOs Get Game

By: John E. Fitzgibbon, Jr.
GAME, Shanda Games’ proposed trading symbol, will be the lightning rod to this week’s IPO calendar. That’s nice to know, but the calendar needs a supporting cast to sustain any kind of momentum. It has it. Some experts have said to expect a rebirth of the IPO market in 2010. You don’t have to wait that long — it’s arrived.
 
September 21, 2009 Read More

The IPO Buzz: Runway Full of IPOs

By: John E. Fitzgibbon, Jr.
Fashion Week’s curtain went up in New York City last Thursday with all the sparkle and glitter one can imagine. Not to be outdone, Wall Street started parading IPOs down its runway. Companies began filing S-1/A amendments setting proposed pricing terms, and most found their way onto a then-vacant IPO calendar. Wall Street’s fall season is shaping up to be “active.”
September 13, 2009 Read More

The IPO Buzz: Rosetta Sinks Like A Stone

By: John E. Fitzgibbon, Jr.
Found inside every IPO’s prospectus is the sub-title “Lock-up Agreements.” Insiders agree not to sell any of their holdings for a period of normally 180 days. It’s there to discourage the “pump-and-dump” schemes that were popular before the Securities Act of 1933 went into effect. This clause is found in the Rosetta Stone (NYSE: RST) prospectus.
 
August 23, 2009 Read More

The IPO Buzz: Late Summer Break

The IPO welcome mat gets rolled up this week, but it’s not “due to market conditions.” It’s seasonal. We are moving into the last two weeks of summer. That’s when the new-issue players close shop and head off to exotic places with 5-Star accommodations — or maybe Brighton Beach this year.
 
August 16, 2009 Read More
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