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: Callon Petroleum
Symbol: CPE
Price: Last trade $8.92
Trade Date: 4/20
Shares: 22 million
Underwriter(s) Credit Suisse, Scotia Howard Weil
Rating=Subscription Needed
Company: Simon Property Group-BLOCK
Symbol: SPG
Price: Last trade $208.26
Description: Re-Offer range $202.50-$204.50
Trade Date: 4/20
Shares: 4.43 million
Underwriter(s) BofA Merrill Lynch
Rating=Subscription Needed
Secondaries announced 04.19.2016