Monday, October 6, 2014

IPO Ground and Pound

Wall Street is trying to get the last pieces of shit out the door 
CEO of SFX Entertainment, worst performing IPO of the past year, giving an investor presentation:


 "The last time such a large share of IPOs were profitless - the S&P 500 lost almost half of its value"

IPOScoop.com:
Eleven IPOs last week. Five are already negative.

Time Magazine: Sept. 5th, 2014
"83% of this year's IPOs have negative earnings"
"The last time such a large share of IPOs were profitless was at the top of the dotcom bubble, and when that bubble burst, the S&P 500 lost almost half of its value"

Liquidation Sale: Everything Must Go
Usually when markets get rocky, the IPO parade stops at least until things stabilize. Not last week. All eleven IPOs came between Wednesday and Friday. 

IPO Status Update

Funds raised Year to date: 100% higher than this time last year. 


22 more IPOs on deck: IPO Scoop: Recent Filings

The Nasdaq is staggering from all of the junk
Only 33% of Nasdaq stocks are above their 200 DMA 


IPO ETF:


Largest IPO in history: Alibaba:
Still down 5% from first day average price


Fracking Shellacking:

EP Energy:

Insider Selling Lockup Expirations
These are the number of recent IPOs for which insiders are free to start selling their shares over the next 6 months
Edgar Pro: Lockup Period Expirations


 This is what happens as a company approaches lockup expiration
Five9
Lockup expiration: October


Worst IPO of the past year by %
Special Effects Entertainment (CEO pictured at top)



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