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During the IPO season Francis Gaskins, editor of IPOdesktop.com, regularly appears on CNBC TV, Bloomberg & other financial cable channels. On the day of the Visa IPO he appeared on four cable TV financial shows including Bloomberg & CNBC Over the past five years he has been quoted over... More
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  • 30% IPO Pricing Haircut -- Bridgepoint IPO prices under range at $10.50, Rosetta Stone IPO is better 0 comments
    Apr 14, 2009 06:45 PM | about stocks: RST, BPI, APEI, APOL, BBBB, CECO, COCO, CPLA, DV, EDU, ESI, LINC, LOPE, REVU, STRA, SYMC

    30% IPO pricing haircut.  Bridgepoint prices under range at $10.50.  The post secondary online education sector was strong last year up until the first of February, when the largest company, industry sector leader  Apollo (APOL) aka Univ of Phoenix almost reached $90 and recenlty almost touched $60.

    IPOs can't fight industry trend headwinds.  Can't swim upstream when the current is washing that sector downstream.  Also, almost 100% of the proceeds went back to stockholders, now that's the definition of an IPO  bailout 'secondary'.

    Disclosure: No position

     

     

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StockTalks

  • Kraton (KRA) IPO priced at $13.50, 20% below expected mid-range. IPOreport adj http://bit.ly/7Cktzk In same sector as (ASH) & (HUN)
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