InvestorsHub Logo

Burmamonster

08/19/13 10:42 PM

#32 RE: Funk4385 #31

Same here. Buy on dips, sell on rips?
I usually buy on rips and sell on dips( I learn slowly). lol

Cynic-Al

08/20/13 2:00 AM

#33 RE: Funk4385 #31

The other "quiet period" refers to a period of 40 calendar days following an IPO's first day of public trading. During this time, insiders and any underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company. Regulatory changes enacted by the SEC as part of the Global Settlement enlarged the "quiet period" from 25 days to 40 days on July 9, 2002. When the quiet period is over, generally the underwriters will initiate research coverage on the firm. Additionally, the NASDAQ and NYSE have approved a rule mandating a 10-day quiet period after a Secondary Offering and a 15-day quiet period both before and after expiration of a "lock-up agreement" for a securities offering.

One of the underwriters issued research coverage today with a target price of XGTI so I assume the quiet period is over