Since the much anticipated General Motors IPO (GM:NYSE), many investors have started paying much more attention to new stock offerings. Even secondary offerings have seen more interest from retail investors due to a slew of successful bank offerings that paid down TARP. However, some IPO’s are not for everyone. Many of the highly sought after deals are just “flipped” by institutions, and the lesser quality deals are often given to retail investors, who often take risk similar to risk taken in silver and gold penny stocks, just to participate in these offerings.

ipo market IPO Market 2011Before you invest in an IPO in either the offering or the aftermarket, you must remember that most of the stocks do not work over the long term, and are usually only traded by institutions or speculative retail investors.The purpose of the article is very simple. In addition to informing you about market conditions, new events and hot penny stocks, we are going to trying to give our subscribers some color on new issue and secondary stock offerings from time to time. Here are some deals that are coming up. Take a look at the list of stocks below:

ServiceSource International (SREV:NASDAQ)
Provides a service revenue management and renewals platform for tech firms and is the hottest deal of this week. For that matter, it’s probably the hottest deal of next week too. Morgan Stanley and Deutsche Bank are the lead underwriters and retail allocations will be very small. The deal is multiple times oversubscribed and is expected for Friday. The early trading volatility in ServiceSource may remind some of a hot penny stock after a PR.

Express Inc. (EXPR:NASDAQ)
This specialty retailer of clothing and shoes is the type of deal to watch and add to your list of stocks. The stock is followed by Goldman Sachs who has a $20 price target. However, this is a selling shareholder deal. This means, in most cases that some or all of the funds raised by the the offering. In the case of Express, they will receive none of the funds. This could get interesting in the next week or two. For you speculative types, Express could provide penny stock like volatility the closer it gets to the secondary offering. The deal has no set date , but is expected in the near future. Bank of America, Piper Jaffrey, UBS and Morgan Stanley are the lead underwriters.

Check back frequently for Market news, penny stock alerts and IPO market news. Good luck, and add these two names to your list of stocks to watch.

Be Sociable, Share!

No related posts.