Silver as an investment

Category Archives: initial public offering

Is The Aramco IPO On The Brink Of Collapse?

Authored by Nick Cunningham via OilPrice.com, In what could be a humiliating decision, Saudi Aramco is considering not staging an IPO next year as planned, due to the difficulty of pulling off an international listing. On Friday, the Financial Times reported that Aramco is weighing a different strategy: selling stakes in the company to private […]

Blue Apron Goes Red

Having priced at the low-end ($10) of an almost unprecedented cut in IPO range, Blue Apron opened this morning at $10, traded up to $11 amid exuberance from Bob Pisani desperate to show how the great IPO market was back… but tumbled back to $10 by the close. Worse still, having been defended twice, Blue […]

SNAP Cracks Back To IPO Price – Will Tepper Buy Now?

Well that escalated quickly… Just over 3 months after its IPO to much excitement, SNAP has collapsed back to its IPO Price of $17…   Just ask these guys what you should do next…   However we know one hedge fund manager that will be looking… David Tepper, the founder of the famous Appaloosa Management […]

Solar-Energy Company Sunrun Lied To Investors To Boost Its IPO Price

The largest solar-energy company in the U.S. has been called out by The Wall Street Journal for manipulating a key sales metric shortly to try and boost the company's share price ahead of its IPO. In a report published Monday, WSJ got the jump on investigators at the SEC, who had announced their own investigation […]

Is Public Equity A Broken Concept?

Submitted by Nick Colas of Convergex Is Public Equity A Broken Concept David Einhorn’s proposal to GM that it split its stock into dividend and capital appreciation shares got us thinking about the bedrock principles of public equity ownership.  Other catalysts for this examination: recent IPO SNAP’s lack of shareholder voting rights, the reluctance of […]

Snap Crashes Below $20

Snap Inc shares are now down over 30% from their post-IPO highs, and are breaking below the $20 level on their way to the $17 IPO price. It seems options markets did nothing to slow the selling…     There are no "Buy' reccommendations among the 10 analysts that cover Snap…

Wall Street Analysts Throw Up On Snapchat IPO Euphoria

When it comes to sellside opinions about yesterday’s SNAP IPO, there are two camps: those from analysts who belonged to the underwriting syndicate, which for obvious reasons (Goldman and Morgan Stanley were both paid over $20 million for their underwriting efforts) have been broadly positive about the public offering… and those from everyone else. And […]

Goldman Sachs & Morgan Stanley Pull Off the Heist of the Decade, Bends Over Those Who Don’t Read BoomBustBlog

President Obama implemented the Fiduciary Rule, which was supposed to go in effect next month. In short, it says financial advisors and salesmen had to put the best interests of thir clients ahead of thier own interests. In other words, it outlawed blatantly ripping off our clients. Trump came in and halted this, basically ensuring […]

SNAP Initiated With Sell Rating, $10 Price Target At Pivotal

Pivotal Research's Brian Wieser braved the storm today and issued the first "Sell" research on Snap Inc. Snap is a promising early stage company with significant opportunity ahead of itself. Unfortunately, it is significantly overvalued given the likely scale of its long-term opportunity and the risks associated with executing against that opportunity. Significant ongoing dilution […]

A Quarter Of Snap IPO Buyers Agree Not To Sell For One Year

For the latest glimpse of the euphoria in the equity market, look no further than the Snap(chat) IPO, whose order book closes at noon today and is expected to price tomorrow, March 1, after the close. While the initial price range was presented as $14-16, according to Bloomberg orders for the public offering are concentrating […]