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The initial public offering (IPO) market is extremely hot. In 2005, we saw one of the hottest IPO plays in Under Armour Inc. (NYSE/UA) -- a Baltimore-based maker of synthetic clothing that has attracted somewhat of a cult following among athletes. I don’t want to disappoint you, but…
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What a truly awesome display of buying momentum shown by Internet search engine Google Inc. (NASDDAQ/GOOG) in recent weeks after the rapidly rising Internet star broke the $500 level to an intraday high of $513 on November 22. I still remember when Google first traded on its IPO…
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I thought Air Canada's IPO would be a hard sell, particularly considering that, as a company, it has very little to offer to investors. Raising red flags are also analysts, who call its IPO price an "accounting invention." Now, for the most part, I get why Bay Street…
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This week we found out that Canadian financial institutions are going to participate in the largest IPO in the history of financial markets--the $21-billion initial public offering of the Industrial and Commercial Bank of China. Royal Bank of Canada was named a co-lead manager, while Bank of Montreal…
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Over the years, I've been disinclined to seriously consider initial public offerings (IPOs) or relatively new listings to the market. In the vast majority of cases, the shares that come to market are over- priced and traditionally, the stocks don't do well. This all changed during the Internet…
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Although Canadians are still playing catch-up, Americans are already convinced that the ethanol market is ripe for the picking. True, buying ethanol IPOs potentially offers a perfect exit strategy for investors, what with all the government support programs and tax breaks on both sides of the border, as…
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In a highly anticipated Initial Public Offering (IPO) recently, Vonage Holdings Corp., the market innovator and leader in the area of Voice over Internet Protocol or VoIP, is set to made its debut on the big stage. Vonage's IPO (NYSE/VG) showed tremendous interest in the market as investors…
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I'm undertaking a big new project here at PROFIT CONFIDENTIAL. I've committed myself to seeking out great investment opportunities in China. Now, I don't know a great deal about this country, but I do know that its financial growth has created a paradigm shift in global economics. China…
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Sometimes you can find great investment opportunities from companies that recently listed on the stock market. That said, I like to see a new issue trading on the stock market for at least six months before considering its story. During the technology boom several years ago, initial public…
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Stocks are currently riding a nice upward crest in the market. You may want to ride the momentum as long as possible, but, on the other hand, you likely want some sense of security. Should the market reverse, it could mean a dramatic impact on your portfolio. So,…
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Frankly, I'm worried about General Motors (GM). More and more people are suggesting that the company might have to go into bankruptcy protection in order to reorganize its debts. This definitely would not be good for the North American economy. The stock, however, is another matter. It might…
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The Initial Public Offering (IPO) market in 2005 could turn out to be the second strongest in terms of new issues since 2001. To date in 2005, there have been 165 IPOs, down from 216 in 2004, but well above what we saw from 2001 to 2003. Google…
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Just a short while ago, I sent you a special e-mail alert about a new stock service we developed that shows you how to profit when companies go public with a little-known "backdoor" strategy. One of our very first recommendations was buying Cyberkinetics at a paltry $0.15 a…
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Over the past few weeks, we have seen some momentum shift back into the technology sector, in spite of continued valuation concerns and a lack of any sustained capital spending. Some of the buying I'm currently seeing in the tech sector reminds me of the heady days back…
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Remember when there used to be one to five attractive IPOs a week? And thousands of investors regularly made a killing on them? Well, if you've noticed, there's now hardly an IPO a month -- let alone a good one. So what happened? The IPOs of a few…
