Alex Stanczyk (February 1st, 2010) Writes:
This wont stop – all fiat currencies will continue to devalue over time – I had a gentleman ask me a few days ago ‘Yes but why buy gold? It doesnt give you a return?”
On the contrary, when measured against USD gold has outperformed every other asset class there is for almost 10 years running.
“Competitive Devaluation” will ensure this is a trend that continues.
SNB moves to calm Swiss franc appreciation
By Peter Garnham
The Swiss franc settled back into its recent trading range on Monday after violent price action on Friday that saw it retreat sharply from an 11-month high against the euro on speculation that the Swiss National Bank had intervened in the currency market.
But the Swiss franc dropped sharply, pulling back below SFr1.47 against the euro, on talk that the Bank of International Settlements had intervened in the market on ...
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Bill Simpson (January 24th, 2010) Writes:
Disclosure - We've no position in SYA currently. Piece was available to subscribers of tradingipos.com 1/16/10.
2010-01-16
SYA - Symetra Financial
SYA - Symetra Financial plans on offering 28 million shares at a range of $12-$14. Insiders are selling 9.7 million shares in the deal. BofA Merrill Lynch, JP Morgan, Goldman Sachs and Barclays are leading the deal, UBS, Wells Fargo, Dowling, KBW, Sandler O'Neill and Sterne Agee co-managing. Post-ipo SYA will have 114.1 million shares outsta ..
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Bill Simpson (December 26th, 2009) Writes:
This piece was done for subscripers on 12/8. TMH eventually priced below range at $12. Disclosure: I am currently long TMH at an average price of approximately $12.6.
2009-12-08
TMH - Team Health Holdings
TMH - Team Health Holdings plans on offering 20 million shares at a range of $14-$16. BofA Merrill Lynch, Goldman Sachs, Citi and Barclays are leading the deal, five firms co-managing. Insiders(Blackstone) will be selling 9.3 million shares in the deal. Post-ipo TMH will have 61.4 milli ..
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Bill Simpson (December 2nd, 2009) Writes:
2009-11-15
SVN - 7 Days Group
SVN - 7 Days Group Holding plans on offering 10 million ADS at a range of $9-$11. If the over-allotment is exercised the total deal size will be 11.6 million ADS. JP Morgan and Citi are leading the deal, Oppenheimer is co-managing. Post-ipo SVN will has an ADS equivalent of 50.6 million shares for a market cap of $506 million on a pricing of $10. Ipo proceeds will be utilized toi repay debt and for general corporate purposes.
ã Founder and Chairman of t ..
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Bill Simpson (November 12th, 2009) Writes:
Piece was available to subscribers: 11-01-2009
H - Hyatt Hotels
H - Hyatt Hotels plans on offering 38 million shares at a range of $23-$26. Insiders are selling all shares in the deal. If over-allotments are exercised H will be selling 5.7 million shares and the total deal size will be 43.7 million shares. Goldman Sachs is lead managing the deal, nine firms are co-managing. If the over-allotment is exercised, H will utilize the ipo proceeds for working capital and other general corporate pur ..
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Bill Simpson (October 26th, 2009) Writes:
2009-10-07
RA - RailAmerica
RA - RailAmerica plans on offering 21 million shares at a range of $16-$18. Majority owner Fortress will be selling 10.5 million shares in the deal. If over-allotments are exercised, the deal size will be 24.15 million shares. JP Morgan, Citi, Deutsche Bank, and Morgan Stanley are leading the deal, Wells Fargo, Dahlman Rose, Lazard, Stifel and Williams Trading co-managing. Post-ipo RA will have 56 million shares outstanding for a market cap of $952 million on a pr ..
Posted in Current Market News, Investing Lessons, Stocks to Watch | 1 Comment »