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Bill Simpson

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  • This One Time Everyday Health Bear Has Gone Bullish [View article]
    With you...using any lockup expiry weakness to build a position in the fund,.
    Sep 16, 2014. 08:26 PM | Likes Like |Link to Comment
  • Aspen Aerogels: Severe Margin And Financial Worries Surround This Recent IPO [View article]
    clean balance sheet post ipo fyi.
    Jun 17, 2014. 06:14 PM | Likes Like |Link to Comment
  • Borderfree Poised To Add Gains Post IPO [View article]
    Like it a lot as tech ipo of 2014 imo as far as chance of being long term winner. Wish it would have hit a few points lower though,,,,still may. Very good article.
    Mar 25, 2014. 02:46 PM | Likes Like |Link to Comment
  • With Unique Sales Model And Strong Positioning, Inogen IPO Could Be A Breath Of Fresh Air [View article]
    Got lost with all the biotech isn't a biotech. back to back 50% revenue growth in 2012/2013 with expanding gross and operating margins. I like it quite a bit, think it got thrown in with the bio junk.

    btw, why are you recommending all these bio ipos? I don't understand that at all, most of them will end up solidly single digits.
    Feb 17, 2014. 01:09 PM | Likes Like |Link to Comment
  • Why Investors Should Care Less About The IPO [View article]
    cash flows look much better than GAAP losses...still in the red, not nearly as much though.
    Jan 23, 2014. 02:25 PM | Likes Like |Link to Comment
  • Cypress Energy Partners: IPO Could Flow Nicely Uphill [View article]
    broke pricing early and reversed. was impressed how it moved back through pricing early and added 20.10 with stop. we shall see.
    Jan 15, 2014. 01:19 PM | Likes Like |Link to Comment
  • Cypress Energy Partners: IPO Could Flow Nicely Uphill [View article]
    think it breaks if prices in range fwiw. we shall see.
    Jan 14, 2014. 06:45 PM | Likes Like |Link to Comment
  • Kindred Biosciences IPO Is Only For The Dogs [View article]
    I loved this at $5-$6...Did get some today,,,$15 or so would just be 1/2 the market cap of PETX and both look awfully similar. Odds are each is much lower down the line, but for now market might play the comparison game and run this one more. We shall see. Definite short term play here, wouldn't want to be around longer term.
    Dec 12, 2013. 08:06 PM | Likes Like |Link to Comment
  • Kindred Biosciences IPO Is Only For The Dogs [View article]
    Might want to look at that PETX chart Don. That was the 'tell'.
    Dec 12, 2013. 06:30 PM | Likes Like |Link to Comment
  • Norcraft IPO Needs Remodeling After It Makes Money [View article]
    Will be in 20's sooner than later fwiw.
    Nov 16, 2013. 03:34 PM | Likes Like |Link to Comment
  • IPO Preview: Norcraft Companies [View article]
    looking at NCFT as it will look post ipo 1)paying off debt; 2)refi the rest well below the current 10% rate(planned mid December 2013 due to covenants) and 3)removing the 2008 related non cash amortization expenses I get 2014 EPS right around $1.61 EPS with a 15% top line growth rate.

    key is debt servicing will drop from $25 million a year to $7 million or so in 2014...and you always fold out the amortization charges related to a previous writedown..those are just tax breaks at this point and have zero to do with current operations. covering analysts will remove those when they publish estimates in 25 days,,,,and I think I'm pretty close to where they'll put EPS.

    We'll see, but I really like this one here mid 15's. think it is being completely overlooked.
    Nov 7, 2013. 05:00 PM | Likes Like |Link to Comment
  • TwitterMania #Bubble [View article]
    'What we don't mention are the 99% of other IPOs that didn't make you rich.'

    Might want to pull up some charts from ipos past few years. dozens upon dozens up 100%+. cste/ngvc/sstk I could go on and on there are many. All were great buys out the door on day one.
    Nov 6, 2013. 07:02 PM | Likes Like |Link to Comment
  • Sprague Resources IPO Yields 8+% [View article]
    would have loved 16 1/2(still may get it, who knows)...I added some today 17.4's. We'll see how it goes,,,would it expect it to trade sluggish for a bit like FISH/WPT and not like OCIP/OCIR. Would like to be pleasantly surprised thoug.
    Oct 25, 2013. 01:45 PM | Likes Like |Link to Comment
  • IPO Preview: Sprague Resources LP [View article]
    yes, glp is the comparable not ocir/hclp.
    Oct 24, 2013. 07:19 PM | Likes Like |Link to Comment
  • Sprague Resources IPO Yields 8+% [View article]
    Phillip, yes indeed you're correct. Neither have a very strong parent either.

    Don, you might want to pull up the charts of OCIP/OCIR...OCIP in particular I believe fair value is $30+. the alternative mlp's are having trouble pricing in range, bringing about pretty good risk/reward buys on the early broken prices. That's when I've been buying this stuff.

    the midstreams just aren't giving us enough of a discount these days, it appears the market has finally caught up to the 10+ year open 'secret' that you buy any midstream mlp and you got essentially free 25%+ upside across the board...RRMS was the last best deal there.

    As long as you keep an eye on the end market of the variable rate deals, those have been a nice spot with emes and ocip two faves. the refiner mlp's were a trap, as the spreads were at all time highs the Q most of them got jammed out.

    been specializing in this sector for a long time, my fund has a number of positions in the group....hoping for below range pricing here and (possibly) a open below there --- that's been the buy spot with this stuff of late.

    WNRL in particular I believe opened pretty much fully valued.
    Oct 23, 2013. 01:54 PM | Likes Like |Link to Comment