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Pastimes : coug's news and views -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (268)	11/18/2005 12:30:47 AM
From: manalagi	Read Replies (1) \| Respond to of 3961

Under Armour IPO has been priced at $ 13/share to start trading tomorrow on the Nasdaq under the symbol UARM. IPO has been getting hot lately since there are less number of companies in the IPO as compared to last year. Therefore pricing has been up and up. UARM was originally priced between 7.50 to 9.50, then upped between 10 - 12, and now $ 13/share. It seems that the demand is quite strong. I don't know how many shares I will get, but then the no flipping policy is killing the nice run up. A new issue will be coming and priced Monday night: BKD, i.e. Brookdale Senior Living. On the surface it looks good since the aging of baby boomers demand assisted living etc. However, the financial does not seem exciting. Even though revenues goes up in 2005, it has negative earnings. The issue is underwritten by Goldman Sachs again. Maybe I should just buy Goldman Sachs since it is the underwriter of so many IPO's this year.