Not much to say this time, folks. We're all heading out the door for a much-needed, three-day reset and I'm having a tough time believing that anything gets priced this week. The underwriters, however, are sticking to their stories and have forced me to queue up a bunch of deals. Rats.
An important point that someone (me) needs to make is this: Slowdowns are part of the package. They happen. And if you're going to be involved in the IPO market for any length of time, you'll need to get used to this fact. My advice during these periods is to lay low, do some reading and unwind. You'll be much better off than if you try to force yourself on a dead market. I know, I've made that mistake before and it cost me money.
Anyhow, enough of my drivel. Go home, put on some sandals, shorts and a T-shirt and do something fun.
Here are the deals I really don't believe are coming this week:
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' This Week in IPOs column appears Sundays, This Week's Secondaries appears Tuesdays, 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