WITC is going to fly next week, get in at todays buying opp.:
Heat is rising
24 underwriters
12 heavy hitters underwriters with clout IMHO
coming off quiet period
Founder has an impressive biography with his effort in a historical first in a new issue
Here is more about the founder :
Andrew D. Klein, vice chairman, founder and chief strategist, has been with us since our inception in
April of 1996. Previously, in January 1993 Mr. Klein founded microbrewery Spring Street Brewing Company,
which two years later became the first company to complete a public offering over the Internet and, in March
1996, created the first ever Web-based trading mechanism allowing investors to buy and sell Spring Street shares.
Prior to starting Spring Street, Mr. Klein practiced corporate and securities law at Cravath, Swaine & Moore for six
years. He has a law degree from Harvard Law School.
And here is the WIT strategy:
Our Members will have access to investment opportunities and services Wall Street has long denied to individuals,
such as Initial Public Offerings, investment research, venture capital and institutional-style electronic trading.
Members will also have access to a fully integrated trading system at deep discount rates as well as market data
and educational information that traditional brokerage firms - who simply want to encourage trading - would
rather they didn't hear.
Etrade is trying to catch up but WIT was there first (with the above strategy) and is way ahead.
Wall Street sees this as a new way of doing business, a revolution.
Oh yeah, Ed I am preaching to the choir - Aloha Friday! |
