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: Star Bulk Carriers
Symbol: SBLK
Price: Last trade $4.68
Description: Re-offer $4.30-$4.55
Trade Date: 9/15
Shares: 11 million
Underwriter(s) Citigroup, Clarksons Platou Securities, Deutsche Bank Securities, DNB Markets
Rating=Subscription Needed
Company: Immune Design Corp. [NASDAQ]
Symbol: IMDZ
Price: Last trade $6.79
Description: Re-offer $6.20-$6.50
Trade Date: 9/15
Shares: 4.4 million
Underwriter(s) Jefferies, Leerink Partners, Wells Fargo Securities
Rating=Subscription Needed