IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.
Company: Contango Oil & Gas Co.
Symbol: MCF
Price: Last trade $12.50
Description: Re-Offer $10.00
Trade Date: 7/22
Shares: 5 million
Underwriter(s) RBC Capital Markets, SunTrust Robinson Humphrey, Seaport Global Securities
Rating=Subscription Needed
Company: ContraFect Corporation
Symbol: CFRX
Price: Last trade $2.87
Description: Re-Offer range not available
Trade Date: 7/22
Shares: TBD
Underwriter(s) Piper Jaffray
Rating=Subscription Needed
Company: Genesis Energy LP
Symbol: GEL
Price: Last trade $39.90
Description: Re-offer range $37.90-$38.70
Trade Date: 7/22
Shares: 8 million
Underwriter(s) RBC Capital Markets
Rating=Subscription Needed