Secondary Off Season

A bunch of secondary offerings were announced yesterday. Not enough to have an effect on the overall market but a lot for this time of year. Most companies can't sell their shares because they are in a lock up period until they report earnings. If this much stock is being sold during the off season, this raises the chances that we will see increased stock issuance once companies report earnings.


PJ said...

Tsachy, what's your source for tracking secondaries?

Tsachy Mishal said...

Usually I just run a Google news search for "stock offering" or stock offering. Without the parentheses gives you a lot more results to sort through but with the parentheses misses a lot.