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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 690.270.0%Dec 26 4:00 PM EST

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To: Johnny Canuck who wrote (42714)10/13/2005 3:37:38 AM
From: Johnny Canuck  Read Replies (2) of 69249
 
6:26PM Double Hull Tankers 16M shares IPO prices at $12 - Thomson (DHT) by Carla Mozee
SAN FRANCISCO (MarketWatch) -- Double Hull Tankers' (DHT) initial public offering of 16 million shares priced at $12 each late Wednesday, according to Thomson Financial, raising $192 million. The pricing came in lower than the expected range of $14 to $16. Merrill Lynch and UBS led the deal's offering. Shares of the shipping firm are due to start trading on the New York Stock Exchange Thursday.

[Hary: The bloom is definitely off tanker stocks. Let get a few more data points to she the markets appetite for IPO's in general. A health IPO market is necessary for the market
to get to a new high after the current sell off is over.]
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