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: Lion Biotechnologies, Inc.
Symbol: LBIO
Price: Last trade $9.30
Trade Date: 2/26
Shares: 5.9 million
Underwriter(s) Jefferies, Cowen & Co., Piper Jaffray
Co Manager(s) Roth Capital Partners
Rating=Subscription Needed
Company: Sovran Self Storage
Symbol: SSS
Price: Last trade $93.19
Trade Date: 2/26
Shares: 1 million
Underwriter(s) SunTrust Robinson Humphrey, Wells Fargo Securities
Rating=Subscription Needed
Company: Noble Energy, Inc.
Symbol: NBL
Price: Last trade $49.81
Trade Date: 2/26
Shares: 21 million
Underwriter(s) Goldman Sachs, J.P. Morgan
Rating=Subscription Needed
Company: Plains All American Pipeline, L.P.
Symbol: PAA
Price: Last trade $52.59
Trade Date: 2/26
Shares: 21 million
Underwriter(s) Barclays Capital
Rating=Subscription Needed