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: Innocoll AG
Symbol: INNL
Price: Last trade $11.00
Trade Date: has been pushed out 1 day now 6/17
Shares: 5.9 million
Underwriter(s) Morgan Stanley
Rating=Subscription Needed
Company: Hi-Crush Partners LP
Symbol: HCLP
Price: Last trade $11.94
Description: Re-Offer range $10.50-$11.10
Trade Date: 6/15
Shares: 3 million
Underwriter(s) Credit Suisse
Rating=Subscription Needed
Company: Scorpio Bulkers
Symbol: SALT
Price: Last trade $3.23
Description: Re-offer range not available
Trade Date: 6/15
Shares: 20 million
Underwriter(s) Clarksons Platou Securities AS, BTIG, Pareto Securities, Stifel
Co Manager(s) ABN AMRO, Credit Agricole CIB, Clarksons Platou Securities
Rating=Subscription Needed