Last week was a blast! In spite of the machete job the market did on the
, the average gain on an IPO last Friday was a solid 69%. You've got to admit, these deals
dance to their own soundtrack. Pure gravy.
Q&A with Ben Holmes: Post your questions now
The secondaries, however, were an altogether different story. If you were paying attention at all you had to have noticed how bad the
deal went. What you witnessed was an immiscible combination of selling shareholders and an impending lock-up expiration. A bad cocktail indeed. On Tuesday, look for a listing of this week's secondaries; I'll be pointing out another of these potentially poisonous deals.
This week there are a number of IPOs that I like. Let's take a look:
Ben Holmes is the founder of ipoPros.com, a Boulder, Colo.-based research boutique (now a wholly-owned subsidiary of TheStreet.com) specializing in the analysis of equity syndicate offerings. This column is not meant as investment advice; it is instead meant to provide insight into the methods of new and secondary offerings. Neither Holmes nor his firm has entered indications of interest in any of the companies discussed in this column. Holmes' The Coming Week in IPOs column appears Sundays, Upcoming Lockup Expirations appears Wednesdays and The Quiet Period appears on Fridays. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Holmes appreciates your feedback at