Endurance International Group (EIGI)

[jburdon14]

Endurance International Group (EIGI) had their IPO today and closed at 11.25. This is actually very under-valued based on the initial projection of 14-16$. The IPO was originally scheduled for next summer; however, due to market conditions it appears EIG decided to have their IPO early...

In my opinion the rushed IPO did not allow for ample amount of time to properly market the company OR grant market makers proper time to research the company (thus the slow start).

Numerous sources cite large-debt as a concern for EIG; however, upon investigation you will find the majority of the debt was gained when EIG acquired hosting companies (Bluehost & Hostgator). Bluehost and Hostgator are two of the largest hosting companies in the world which obviously would cost a lot to purchase.

Investors will see rapid growth in profit as the companies will begin to profit substantially from the new acquisitions (in my opinion)...

I this at the current price this is a MUST BUY...