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: Atwood Oceanics
Symbol: ATW
Price: Last trade $12.97
Description: Re-offer $11.70-$12.35
Trade Date: 1/10
Shares: 13.5 million
Underwriter(s)Goldman Sachs
Rating=Subscription Needed
Company: City Office Reit
Symbol: CIO
Price: Last trade $12.92
Description: No re-offer range available
Trade Date: 1/10
Shares: 4 million
Underwriter(s)Raymond James, D.A. Davidson, Janney Montgomery Scott, Wunderlich
Rating=Subscription Needed
Company: First Midwest Bank-BLOCK
Symbol: FMBI
Price: Last trade $24.93
Description: Re-offer $24.40
Trade Date: 1/10
Shares: 935.483
Underwriter(s)Citigroup
Rating=Subscription Needed
Company: The Williams Companies, Inc.
Symbol: WMB
Price: Last trade $31.93
Description: Re-offer $29.00-$30.50
Trade Date: 1/10
Shares: 65 million
Underwriter(s)Morgan Stanley
Rating=Subscription Needed