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Technology Stocks : Weibo
WB 10.81-0.6%Nov 3 3:59 PM EST
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From: Sam5/8/2014 9:12:55 AM
   of 54
 
Weibo A Buy Heading Into Quiet Period Expiration
Don Dion
May. 7, 2014 11:06 AM ET | 1 comment | About: WB
Disclosure: I am long WB. (More...)

Summary
  • The 25-day SEC-enforced quiet period on underwriter research on Weibo Corp., initiated with the firm's April 16 IPO, will come to an end on May 11.
  • Weibo showed strong first day gains from its IPO but has performed unsteadily since.
  • Given Weibo's continued, very strong usership and competitiveness, we suggest buying into this event.
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