19 Quotes by Jeffrey Hirschkorn
- Author Jeffrey Hirschkorn
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You're going to start seeing that the IPO market will get more selective.
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This is the biggest IPO week in two years.
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They make money. The market's going to respond heavily to this.
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It represents a solid deal in an industry that's rapidly emerging. More importantly, it sets the pace for other good deals that are going to come out.
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It won't have a big first day run because it's a large deal. But it is a good company with good fundamentals.
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They increased this size of the offering. So there's a lot of demand for the issue, which could translate into a huge pop.
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If you price it that high above range, there is hot demand. That means there was some good institutional backing to buy blocks of that stock.
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This is my favorite stock of the day. They have a good underwriting team and B2B is one of the busiest buzzwords.
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This is a large float of 23.5 million shares, and that's a lot to digest. Typically when you have large floats, the returns are muted. We were expecting a return in the range of 50 and 60 percent.
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