There hasn’t been much excitement in the IPO (initial public offering) world lately as only 13 companies went public in the second quarter. There was only three in July: China Distance Education Holdings (DL, $6.39, down $0.05), Energy Recovery (ERII, $11.00, up $0.06) and GT Solar International (SOLR, $11.98, up $0.51).
There’s a number of companies who have filed which should become public over the next few weeks and months but there isn’t any “box-office” buzz surrounding any of them. There is a mix of industries which are represented and perhaps the best known of the group may be Dave & Buster’s Holdings (DANB).
It’s useful to scan the IPO market to see what stocks are going public. There are some opportunities out there for some good trades on IPO’s that have options, Google (GOOG, $495.01, up $15.89) is a prime example. Although there are no Google-like IPO’s coming out anytime soon, the market is improving, so there could be one or two that might go unnoticed.
Here are a few other companies that have filed to go public:
A123 Systems (AONE)
Alimera Sciences (ALIM)
Brand Energy – no symbol, yet
Cloud Peak Energy (CLD)
Fast Wind Holdings (WNDY)
GCL Silicon Technology Holdings (GCL)
Rexnord Holdings (RXN)
Roadrunner Transportation Services Holdings (RRTS)
I’ll try an keep you updated on the buzz, if there is any, on which of these names may create a stir in the marketplace.
Rick Rouse
Rick@OptionsMentoring.com
