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Bill Simpson
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Bill Simpson has been trading for a living since the late '90's, focusing on initial public offerings in the aftermarket -- and with great success (up an annualized average of 32% since 2000). His strength is analyzing upcoming offerings with a focus on determining and estimating potential... More
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IPO Trading
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  • Week of 1/24, 2011 ipo kickoff
    8 deals on tap this week, plus a China microcap in TBET(which priced and opened at $5.50).

    We at were a bit surprised by the above range pricing in both NLSN and DMD.

    NLSN is a worldwide brand name, saddled with massive private equity debt. That it priced $23 and is currently trading $25+ bodes well for both private equity and for ipo demand.

    DMD, is quite richly valued here pricing $17 and currently trading $23+. However over the years we've seen nearly every pretty good looking internet ipo do well, including two that looked very pricey on open in WBMD and OPEN. I suspect DMD will be bought out by a larger player within 1-2 years of coming public. The only question is valuation and pricetag of that future buyout. While we think it is expensive here we did initiate a trading position 22 1/2 with stop on break of $22.

    Jan 26 12:17 PM | Link | Comment!
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