Secondaries Announced 10.18.17

IPO BOUTIQUE CLIENTS and IPO BOUTIQUE SECONDARY ALERTS CLIENTS received ALL this information to their inbox on a REAL TIME basis.

If having real-time alerts for secondary offerings would be an advantage to you, inquire about a subscription today!

Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. For example, this is not to be interpreted as a Buy recommendation in the traditional sense of adding to your stock portfolio; this is a short term (usually one day or opening trade) time period.

Company: Earthstone Energy
Symbol: ESTE
Price: Last Trade $10.54
Trade Date: 10/19
Shares: 4.5 million
Re-Offer Range: Subscription Needed
Underwriter(s) : Credit Suisse, Wells Fargo
Description: Earthstone Energy, Inc. is a growth-oriented, independent oil and gas company engaged in the acquisition and development of oil and gas reserves through activities that include the acquisition, drilling and development of undeveloped leases, asset and corporate acquisitions and mergers and, to a lesser extent, exploration activities.
Rating = Subscription Needed

Company: Pattern Energy
Symbol: PEGI
Price: Last Trade $24.53
Trade Date: 10/19
Shares: 8 million
Re-Offer Range: Subscription Needed
Underwriter(s) : Morgan Stanley, BofA Merrill Lynch
Description: Pattern Energy Group Inc. operates as an independent power company that owns and operates power projects in the United States, Canada, and Chile.
Rating = Subscription Needed

Company: Ignyta, Inc.
Symbol: RXDX
Price: Last Trade $16.25
Trade Date: 10/20
Shares: 7.7 million ($125 million cash raise)
Underwriter(s) : J.P. Morgan, Jefferies
Description: They are a biotechnology company focused on precision medicine in oncology.
Rating = Subscription Needed