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MitchSand
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  • New IPO Stocks 0 comments
    May 27, 2012 2:21 PM | about stocks: FB, EVAC, IRG

    The reason I am going to tell you the newest IPOs priced in May is because some investors have the plan of buying the successful looking new stocks.

    Facebook (NASDAQ:FB) -- As you all know Facebook is a social networking site that went onto the market on 5/18 on the Nasdaq Global Market. It set it's IPO price to what some investors thought was too high at $38. It has run into many problems like distribution problems with Morgan Stanley (NYSE:MS) and Nasdaq (NASDAQ:NDAQ) and is now at $31. It is not a good stock to buy as it continues with these problems.

    Edwards Group LTD (NASDAQ:EVAC) -- Edward Group LTD is a global technology company that is a leading manufacture of sophisticated vacuum products and abatement systems and a leading provider of related value-added services. It set it's IPO price at $8 on 5/11 on the Nasdaq National Market. It started up on the first day but went down the next 3 days and continues a flat change in the stock and is currently priced at $7.66.

    Ignite Restaurant Group Inc. (NASDAQ:IRG) -- Ignite Restaurant Group operates two restaurant businesses, Joe's Crab Shack and Brick House Tavern + Tap. It is has total assets of $193,076,000 and very high total return. It priced its IPO at $14 also on 5/11 on the Nasdaq National Market. It spiked up for the first two days and then flattened out and now has a price of $17.94 and looks like it continues to rise. A good stock to buy because of its great management and high profit.

    For More IPO prices this month go to:

    http://www.nasdaq.com/markets/ipos/activity.aspx?tab=pricings

    Stocks: FB, EVAC, IRG
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