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WHSM vs. ETF Alternatives
Tuesday, Dec 62011, 3:40 PMThree IPOs are expected to price this week - mortgage lender HomeStreet Bank (HMST), ski resort owner Peak Resorts (PEAK), and writing software provider WhiteSmoke (WHSM) - and the IPO Desktop's Francis Gaskins recommends passing on each one. He sees HomeStreet's IPO as "a case of go broke or go public" and considers Peak Resorts to be expensive at 30x FY11 EPS. (HMST S-1) (PEAK S-1) (WHSM S-1) |Tuesday, Dec 62011, 3:40 PM| Comment!