Posts for Ticker ‘LOPE’

Secondary Offering Floodgates Open (BGS, CMFO, COIN, LOPE, LGCY, OPEN, PRKR, KGS, UDR, IACI)

Burning Money PicMoney Stack ImageWhat happens when market rallies go on and on?  Outside of the basics, you just about always get a flurry of corporations and public entities selling shares as secondary offerings flood the market.  Between yesterday and today we have seen a deluge of secondary offerings either priced or filed from the likes of B&G Foods, Inc. (NYSE: BGS) China Marine Food Group Limited (AMEX: CMFO), Converted Organics Inc. (NASDAQ: COIN), Grand Canyon Education, Inc. (NASDAQ: LOPE), Legacy Reserves LP (NASDAQ: LGCY), OpenTable, Inc. (NASDAQ: OPEN), ParkerVision, Inc. (NASDAQ: PRKR), Quicksilver Gas Services LP (NYSE: KGS), and UDR, Inc. (NYSE: UDR).

As long as you keep seeing the DJIA, S&P, and NASDAQ hitting new intermediate highs and the market does not roll over, you can expect the floodgates for companies raising capital to continue.   Full details on each offering or filing are below.
Read More »

Posted on: September 15, 2009 – 3:30 pm in Internet, Oil & Gas, Private Equity, Secondary Offering, , , , , , , , , ,

The Unusual Suspects (GT, CTB, S, DT, LOPE, BBY, ORCL, PALM, GLD, CSX, UNP, RGR)

bull-and-bear-image2We have a whole host of stocks and sectors to watch throughout this coming week.  We have Goodyear Tire & Rubber Co. (NYSE: GT) and Cooper Tire & Rubber Co. (NYSE: CTB) to watch on some tariff news.  Sprint Nextel Corp. (NYSE: S) will likely be a key mover on Monday on potential merger reports.  Grand Canyon Education Inc. (NASDAQ: LOPE) is supposed to have a secondary offering early this week.  Earnings are coming from Best Buy Co. (NYSE: BBY), Oracle Corp. (NASDAQ: ORCL), Palm, Inc. (NASDAQ: PALM) and others.  $1,000.00 gold is going to be key for the SPDR Gold Shares (NYSE: GLD).  CSX Corp. (NYSE: CSX), Union Pacific Corp. (NYSE: UNP), and Sturm, Ruger & Co. Inc. (NYSE: RGR) are all likely suspects to watch for catch-up trading based on news outside of those companies.  More details are provided on each of these.  Stay tuned this week.
Read More »

Posted on: September 13, 2009 – 12:27 pm in Autos, Calendar, Commodities, Earnings, Editor's Picks, Mergers and Buy Outs, Politics, Regulation, Rumors, Secondary Offering, Short Interest, The Week, Trading Alert, Transports, , , , , , , , , , , ,

Russell Rebalance Including & Excluding Key IPO’s (BPI, DGI, OPEN, RST, RHIE, SWI, CYOU, LOPE, MJN, RAX)

money-stack-imageWe will have some changes or further additions and deletions coming today from Russell for the highly awaited Russell rebalance and reconstitution taking place late this month.  What is interesting about the group’s additions and deletions is that there are many of the hot (and not so hot) companies which came public via an IPO that are in the Russell index changes.

Bridgepoint Education Inc. (NYSE: BPI) is being added to Russell 3000 and to the Russell Global.  DigitalGlobal Inc. (NYSE: DGI) is actually trading as a busted IPO and it is being added to Russell 3000 and to the Russell Global.  OpenTable (NASDAQ: OPEN) is being added to Russell 3000 and to the Russell Global.  Rosetta Stone Inc. (NYSE: RST) is being added to Russell 3000 and to the Russell Global.  RHI Entertainment (NASDAQ: RHIE) was a distant IPO but it is being added to Russell 3000 and to the Russell Global.  SolarWinds Inc. (NYSE: SWI) is a very fresh IPO and is being added to Russell 3000 and to the Russell Global.  There is also a list of other key IPOs which were not included for certain issues.
Read More »

Posted on: June 19, 2009 – 8:35 am in IPOs, Index, , , , , , , , , ,

Rally & IPO Reception Could Heat IPO Market Again (CYOU, SOHU, MJN, BMY, LOPE)

money-stack-image4It has been no secret that the market for initial public offerings has been one of the biggest ghost towns in the financial markets.  The secondary markets and the bond markets are opening up capital to companies, even if it comes at historically expensive prices.  But still, IPO’s have been dead.  Based upon the recent move of Changyou.com (NASDAQ: CYOU) and Mead Johnson Nutrition Company (NYSE: MJN) and upon a few other factors like a nearly 25% rise from March lows, there could be some hope that the U.S. IPO market will start to open back up.
Read More »

Posted on: April 2, 2009 – 4:01 pm in IPOs, , , , ,

Despite Two Winners, IPO Market Getting Much Colder (MJN, LOPE)

The IPO market could optimistically be called “Dwindling.” It seems that the trend for withdrawn IPO’s is trumping new filings as the norm rather than actual deals making it to market.  We have only had two real IPOs since last summer, but both performed well since coming on the market.  It makes one wonder if firms have a good defensive model that can hold up if they should bite the bullet and  price their deals.  Today’s market caution has dried up the demand for just about all new issues.
Read More »

Posted on: February 20, 2009 – 9:22 am in IPOs, ,

Stocks Hitting 52-Week Highs (ALGT, AGNC, LOPE, ROCM, RGLD)

Money_stack_pic_2There are still some stocks doing extremely well despite all the interests outside against ythe economy.  Allegiant Travel Co. (NASDAQ: ALGT), American Capital Agency Corp. (NASDAQ: AGNC), Grand Canyon Education, Inc. (NASDAQ: LOPE), Rochester Medical Corporation (NASDAQ: ROCM), and Royal Gold (NASDAQ: RGLD) are all either on 52-week or all-time highs.  Here is a synopsis on each:

Read More »

Posted on: December 23, 2008 – 12:47 pm in HI/LOW, Trading Alert, , , , ,

Market Welcomes Grand Canyon Education, With Sellers (LOPE)

BurningmoneyGrand Canyon Education, Inc. (NASDAQ: LOPE) priced its initial public offering of 10,500,000 shares of its common stock at $12.00 per share.  This pricing was at the lower-end of yesterday’s lowered range.  Trading just began, and it is not pretty.  On this IPO, the problems were not just a horrible stock market.

Read More »

Posted on: November 20, 2008 – 10:50 am in IPOs,

Grand Canyon IPO Still Coming, Lower and Lower (LOPE)

Grand Canyon Education is apparently still coming public.  But what is interesting is that the company has had to lower its price twice to get the deal done.  The company has cut its initial public offering price for a second time and the company plans to sell 10.5 million shares of common stock in a price range of $12.00 to $14.00.

Read More »

Posted on: November 19, 2008 – 11:26 am in IPOs,

Grand Canyon Education Sets IPO Terms (LOPE)

In an SEC filing this morning, Grand Canyon Education sets its IPO terms.  In the first indications, it looks like 10.5 million shares are being planned for sale in a range of $18.00 to $20.00 per share share.  The company has the  ticker of "LOPE" on NASDAQ.

Read More »

Posted on: September 29, 2008 – 10:31 am in IPOs,