Tuesday, 24 May 2011

Gerald Celente talks about A Gold Watch May23

May 23, 2011

Gold: Not just another commodity.

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

110524 - Hyper Report May 24

May 24, 2011

Hyper Report is sponsored by FutureMoneyTrends.com (http://futuremoneytrends.com/ )

Source Links for Today's Items:

US Worse Off Financially Than Euro Nations
http://www.cnbc.com/id/43134077

The End of Europe Is Nigh
http://hotair.com/greenroom/archives/2011/05/22/the-end-of-europe-is-nigh/

5 Desperate State Budget Maneuvers
http://www.thestreet.com/story/11124748/1/5-desperate-state-budget-maneuvers....

A Sign of Desperation at the Fed
http://www.economicpolicyjournal.com/2011/05/sign-of-desperation-at-fed.html

The 25 Most Dangerous Cities In America
http://www.businessinsider.com/most-dangerous-cities-2011-5

TSA Patdowns At Santa Fe Prom
http://www.koat.com/r-video/27979990/detail.html

Please prepare now for the beginning of the economic and social unrest.

The content contained in the Hyper Report is provided for informational purposes only. Use the information found in these videos as a starting point for conducting your own research and before making any significant investing decisions. All stories are sourced and assumes all information to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information.

This video is protected by the Fair use Act-Title 17 Chapter 1, Article 107 pertaining to the use of copyrighted works to illustrate

an opinion, or for educational purposes...

Thank you.

P.S. Facebook Account: http://www.facebook.com/profile.php?id=100002393922303

Everyone In The Market Is A "Beta Chaser

CHART OF THE DAY: Proof That Everyone In The Market Is A "Beta Chaser"

Joe Weisenthal | May 24, 2011, 8:29 AM

With correlations between all stocks running so high (e.g., there's no difference between 'growth' and 'value' stocks anymore) finding an edge in this market is difficult. As such one strategy is simply to find the stocks with the highest beta (leverage to market growth) and just buy those.

And if you doubted that this was really the strategy du jour, check this out.

In a survey of quant investors done by BofA/ML, the number of respondents who say that beta is a key factor in their stock screens, has surged overtime, from less than 20% in the mid 90s to over 70% now.

Other popular factors used in stock screens include: Market cap, forward PE, and relative strength.

, a

Image: BofA/ML

Read more: http://www.businessinsider.com/chart-of-the-day-percentage-of-quants-using-beta-2011-5#ixzz1NHOvMszZ

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Gold N Silver ...Along The Watchtower: Turnaround Tuesday

Along The Watchtower: Turnaround Tuesday: "In a reversal that, once again, leaves The Turd shaking his head, today is the polar opposite of yesterday. Everything that WOPR was discard..."

TUESDAY, MAY 24, 2011

http://tfmetalsreport.blogspot.com/2011/05/turnaround-tuesday.html

Lastly, physical metal continues to be scarce so I beg you to NOT sell your precious "insurance". If you are worried about falling prices and volatility then, by all means, call up a broker and buy some put options in order to hedge your position. Here's a link to help you with that:
http://tfmetalsreport.blogspot.com/2010/12/opening-options-account.html
I've received several emails lately, mostly from European Turdites, concerning the safety and availability of gold in Swiss accounts. I don't know a lot about that as I'm just a simpleton here in Anytown, USA, but where there is smoke, there is often fire.
http://www.businessinsider.com/jim-rickards-take-gold-out-of-the-bank-2010-12
http://www.shtfplan.com/precious-metals/precious-metals-storage-scam-sorry-delivery-is-not-
possible_04192011

Fundamental Webinar - Previewing the Week Ahead - Week of May 23rd

May 23, 2011

In this webinar we go over the newest developments in the Euro-zone sovereign debt crisis and the impact it may have on the EUR

Gold Crawling Towards Resistance At 1526.50

By Fan Yang on May 24, 2011

http://www.dailymarkets.com/forex/2011/05/24/gold-crawling-towards-resistance-at-1526-50/

Gold (XAU/USD)

Short-Term to Medium Term- Gold has been tentatively rallying from the 1470 support area.It is now nearing a resistance pivot at 1526.50.
- The RSI swinging back and forth from above 70 and below 30 reflects a ranging market.
- In a ranging market, when price and momentum is overstretched, we might have a reversion towards the “mean”. Here we see the 200SMA as a pivot near 1500, which is also a psychological barrier. If the market can hold above this level, the market might be building strength to break above this 1526-1532 resistance zone and rally towards the record high near 1575. (1532 is 61.8% retracement of the decline from 1575 to 1462.25.)
- A break below 50 suggests bearish bias in the very short-term, still in the context of a ranging market, with support near 1470. A break below that opens up the next important pivot at 1445 in a support cluster area.
- The daily chart shows this 1445 pivot in the middle of a swing projection towards 1420-1425 area, which would test a rising channel, so this can be the bearish target if 1445 does not hold.
- It should be noted that the RSI shows maintenance of the medium term to long term bullish momentum.
Gold 5/24/2011 Daily Chart

Is risk sentiment still in demand of gold?

Posted on Tue, May. 24, 2011

Your Money

CARLA GOTTGENS / Bloomberg News

Bars of silver. After increasingin value by 27 percent in April, silver's price dropped 30 percentin the first two weeks of May

Read more: http://www.philly.com/philly/business/columnists/122487044.html#ixzz1NHFRV1LN
Watch sports videos you won't find anywhere else

Is silver set for another run-up?

By Erin E. Arvedlund

If you were holding portfolio investments in silver in the first few weeks of May, it didn't feel like a silver lining. The white metal plunged in price nearly 30 percent in just two weeks of trading - after a spectacular run-up earlier this year.
So, could silver be set for a rebound?
First of all, why should there be excitement over silver, the cheaper cousin to gold? Michael Purves, chief market strategist and head of derivatives research at BGC Financial, explains that silver's price correlates closely with gold, although not with base metals or other commodities.
While gold is a key holding for many hedge funds and other professional investors, such as billionaire George Soros, silver rarely is a holding at all, Purves said.
Why is this?
Silver is generally not held by central banks, while gold is. Silver also has a higher proportion of industrial and nonmoney uses than gold does. The metal has been considerably more volatile than gold. Finally, the silver supply-and-demand dynamics are not well-understood.
"We will not be surprised to see many funds and governments diversify their gold holdings into silver in 2011," Purves said, "as gold finds new highs and is more than 45 times more expensive than silver."
Some Wall Street types are predicting that silver will reemerge as "hard money," like gold. Investors across the spectrum recognize that gold prices continue to climb, and will increasingly turn to silver as a valid source of currency that can't be devalued by central banks printing paper money.
However, commodities such as silver and gold are incredibly volatile investments. After running up 27 percent just in April, silver retreated 30 percent in the first two weeks of May - in hugely active trading.
CME Group, which oversees silver trading at its Nymex exchange, citing a bubble in the making, restricted the silver margin (investing with lent money) requirements four times in the span of several weeks, as speculators flocked to the metals markets.
As of Monday, silver closed at $35.10 a troy ounce, up .56 percent.
There are a few ways to invest in silver, but some of these vehicles have incredibly onerous tax consequences. So beware. Because precious metals are considered collectibles by the IRS, once you sell some of these funds, you'll be taxed as much as 28 percent upon the sale.
Some silver funds are closed-end funds, which can trade at a premium or discount to their net-asset value, meaning you might be paying slightly more or less than the value of what's actually in the fund, depending on how much demand is out there in the marketplace. Don't be surprised if the closed-end fund is not trading at the price you expect.
Among the exchange-traded funds out there are the widely held iShares Silver Trust, the Sprott Physical Silver Trust, ETFS Physical Silver Shares, and PowerShares DB Silver Fund. The ZKB Silver ETF and the Claymore Silver Bullion Trust are others. Or investors can investigate buying silver metal-mining stocks or commodities-trading companies, such as the Glencore International Plc, which had its initial public offering just last week.
One can invest in a commodity index, such as the S&P GSCI or the Dow Jones Commodity Index. An index tracks the performance of a basket of commodities. The value of these indexes depends on the commodities that constitute the index, and this value can be traded on an exchange in a similar fashion to stock index futures.
"An advantage of trading a commodity index is that, unlike trading the commodities directly, it is a very liquid investment. It is also accessible to many investors by virtue of being traded on an exchange," said Rumi Masih, global head of the Strategic Investment Advisory Group of JPMorgan Asset Management.
There are three main commodity indexes: the Goldman Sachs Commodity Index (S&P GSCI), which is more than 70 percent energy; the Dow Jones-UBS Commodity Index (DJ/UBSCI), which is 33 percent energy and more than 30 percent industrial and precious metals, and the Thomson Reuters/Jeffries CRB Index (TR/J CRB), which is 40 percent energy, 20 percent metals, and 40 percent agriculture commodities such as corn, cotton, cattle, and soybeans.
If you think silver has more room to grow, then there are investment options for you.

Read more: http://www.philly.com/philly/business/columnists/122487044.html#ixzz1NHFCVBr3
Watch sports videos you won't find anywhere else

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Glencore's shares fizzle on first day of trading

Reuters May 24, 2011 6:28 AM

Glencore

Photograph by: Glencore, Glencore

LONDON - Commodities trader Glencore's shares were stuck under water on their first day of official trade, dashing hopes of a strong start after it set a mid-range flotation price for London's largest ever offering.

Sources close to the matter had said Glencore, the world's largest diversified commodities trader, felt it had left "money on the table" with an offer price of 530 pence (85 cents U.S.) that valued the company at 36.7 billion pounds ($59.15 billion).

The shares, however, dropped on the grey market after the offer price was set on Thursday, touching lows of 506 pence on Monday, when miners were battered by worries over Chinese demand and threats to a European recovery.

By early Tuesday, the first day of unconditional trading, the shares were changing hands at 526 pence, up 2.3 percent, outperforming a 1.6 percent rise in the mining sector where stocks were recovering after Monday's sharp falls.

The shares begin trading in Hong Kong on Wednesday.

While some analysts still expressed concern over Glencore's valuation, several analysts and bankers brushed aside worries about the stock trading below the offer price. They said the market debut should be seen as a success given its size and continued uncertainty in both commodity and equity markets.

Analysts at Numis in London said the listing showed "confidence in a robust long term commodity story."

"It has performed in line with the market. The interesting bit will come when they release their earnings, because their growth forecasts for this year were very aggressive for the mining division," analyst Andrei Kroupnik at Collins Stewart said. Glencore is due to publish its results for the first quarter of the year by the end of next month.

"Ultimately, it has only been a few days. Markets are volatile and commodities are still mostly going down."

Read more: http://www.vancouversun.com/business/Glencore+shares+fizzle+first+trading/4830814/story.html#ixzz1NHEJojKm

All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

Forget The Commodity Crash: Goldman Calls For $130 Oil

Joe Weisenthal | May 24, 2011, 6:38 AM

There's been a lot of talk about commodities crashing, but you might have been a bit mislead.

Commodities did crash hard early this month, and then have just bounced around a lot, and oil is still just below $100.

And now here comes Goldman (via ZeroHedge) with a big, bullish outlook on oil.

The key points:

We think the recent pullback provides a good entry point for long positions in crude oil

The recent pull back in oil prices brings the market back towards levels more consistent with the global economic growth story that was being priced before events in Libya and the MENA region forced the oil market into pricing a supply-shock environment. Although the growth environment is clearly slower than the one before the unrest began and downside risks remain in the near-term, we expect oil prices to move substantially higher over the next 18 months, and are introducing a trade recommendation to be long December 2012 ICE Brent crude oil futures.

Events in the Middle East and North Africa are having a persistent impact, which leads us to increase our oil price targets

We expect that the ongoing loss of Libyan production and disappointing non-OPEC production will continue to tighten the oil market to critically tight levels in early 2012, with rising industry cost pressures likely to be felt this year. We are now embedding in our forecasts that Libyan production losses will lead to the effective exhaustion of OPEC spare capacity by early 2012. Consequently, we are raising our Brent crude oil price forecast to $115/bbl, $120/bbl, and $130/bbl on a 3, 6, and 12 month horizon.

Read more: http://www.businessinsider.com/forget-the-commodity-crash-goldman-calls-for-130-oil-2011-5?utm_source=Triggermail&utm_medium=email&utm_term=10%20Things%20Before%20the%20Opening%20Bell&utm_campaign=Post%20Blast%20%28moneygame%29%3A%2010%20Things%20You%20Need%20To%20Know%20Before%20The%20Opening%20Bell#ixzz1NHCrJuLO
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.

IPOs for Everyone: The 12 Secrets of Investing in IPOs - Books

IPOs for Everyone: The 12 Secrets of Investing in IPOs

Editorial Reviews

Review

TODAY'S IPOs ARE PRICED TO MOVE
The truth is that if you're not a big-money player who can flip a new issue fast, IPOs
are rarely good bets. But that may be changing.

Maybe the only job tougher right now than being Bill Clinton's spokeswoman is selling new stock on Wall Street. In the first two months of 2000, there were 70 initial public offerings. So far this year? Nine, a low not scraped since 1979. Five of these new stocks are already under water-cold certification that so far, 2001 is an IPO bear market.
What should you make of this? If you've ever wanted to buy a new issue, now's the time to get serious. For prospective IPO buyers, "this really is the best time, because there is no competition for these deals," says Linda Killian, a partner at IPO investing boutique Renaissance Capital and co-author of the new book IPOS for Everyone, "They get priced to move.". . .
--by Robert Barker, BusinessWeek

Product Description

Founders of Renaissance Capital and the IPO Aftermarket Fund get in on the cutting edge of today's economy

The business press has declared IPOs-Initial Public Offerings-dead seven times in the past ten years. Every time they've been wrong. Far from being deterred by the IPO obituaries, the authors of IPOs for Everyone show that these times in the IPO market consistently present the best buys. Once reserved for a select group of Wall Street pros, there are now many opportunities for individual investors to take advantage of in the IPO groundswell. IPOs have become a must have for investors who wish to diversify their portfolio. IPOs for Everyone, reveals the twelve secrets used by the founders of Renaissance Capital, the leading IPO research and money management firm, to pick a winning IPO investment. This timely book provides the inside knowledge that investors must have to play the volatile IPO market successfully, including: finding the best companies on the block, getting favorable pricing and seeking out buying opportunities in the aftermarket.

From the Inside Flap

Three market pros in the initial public offering (IPO) investment arena help you get in on the cutting edge of today's economy

Once reserved for a select group of Wall Street pros, individual investors have awakened to the potential of investing in IPOs-Initial Public Offerings. Written by the founders and portfolio managers of Renaissance Capital, the leading IPO research firm whose company Web site, IPOhome.com, was named "Best of the Web" by Forbes, this timely book provides the guidance investors now need more than ever to get the full benefits IPOs have to offer.

The business press has declared IPOs dead seven times in the past ten years. Every time they've been wrong. Revolutions in technology and medicine, coupled with a global economy recognizing the power of capitalism, are fueling the IPO market with new companies. IPOs have, in fact, become a must-have for investors who wish to diversify their portfolios.

In addition to revealing the twelve secrets to choosing a winning IPO investment, including understanding what a company really does, evaluating its management and whether it has enough money to compete, IPOs for Everyone provides the insider knowledge you need to play the volatile IPO market successfully. You'll learn how to find the best companies on the block, get favorable pricing, and maximize buying opportunities in the aftermarket.

From the Back Cover

"Renaissance Capital has an edge . . . they provide first-rate research."-Jay Ritter, Professor of Finance, University of Florida

EXPERT ADVICE FOR IPO SUCCESS

"The Rosetta Stone of individual investors trying to understand how IPOs fit into our free market capital system and how to profit from IPOs."--Mario Gabelli, Gabelli Asset Management

IPOs are here to stay and savvy investors need to incorporate them into their long-term investment strategy. According to expert authors Linda Killian, Kathleen Smith, and Bill Smith, founders of Renaissance Capital and the IPO+ Aftermarket Fund, IPO success lies in using the right strategies to choose the winners and avoid the losers. Features of IPOs for Everyone include:
* The authors' 12 secrets to choosing and investing in IPOs
* Inside knowledge of the IPO market
* IPO terminology and sources

Take advantage of the expertise in this invaluable book-and get in on the ground floor of today's most rewarding investment opportunities.

About the Author

LINDA R. KILLIAN, CFA, has nearly two decades of investment management and equity research experience. Prior to founding Renaissance Capital, she was a portfolio manager and analyst with Citicorp Investment Management and Wertheim Schroder.
KATHLEEN SHELTON SMITH has spent over twenty years working with IPOs as an investment banker and portfolio manager. Prior to founding Renaissance Capital, she was a director of Merrill Lynch Capital Markets' Technology and Emerging Growth Investment Banking Group.
WILLIAM K. SMITH is a founder and portfolio manager of Renaissance Capital. He was a senior investment banking executive with Kidder Peabody and Bear Stearns. He is the author of the book Strategic Growth Through Mergers and Acquisitions.
RENAISSANCE CAPITAL, located in Greenwich, Connecticut, runs the IPO+ Aftermarket Fund, the first mutual fund focused on IPOs. For up-to-the-minute information on IPOs, visit Renaissance Capital's Web site: www.IPOhome.com.

Yandex, the "Google of Russia", plans $1 billion IPO

Yandex, the "Google of Russia", plans $1 billion IPO this week

5/23/11 Analyst IPO Blog

www.RenaissanceCapital.com
http://www.renaissancecapital.com/ipohome/news/Yandex-the-%22Google-of-Russia%22-plans-$1-billion-IPO-this-week-9663.html

Originally created over 20 years ago by two Russian entrepreneurs, Yandex now operates Russia's leading online search engine with a dominant 65% share of the country's search traffic. Often called the "Google of Russia," Yandex uses proprietary search algorithms to retrieve, aggregate and organic online content on its yandex.ru website.

Yandex has filed to raise $1.1 billion in its IPO by offering 52 million shares (70% insider) at a price range of $20 to $22, though sources report Yandex is now proposing a range of $24 to $25 due to strong deal demand. Assuming a share price of $25, Yandex would be valued at $8.4 billion and raise $1.3 billion in gross proceeds, making it the fourth largest IPO year-to-date (after HCA (HCA), Kinder Morgan (KMI) and Nielsen (NLSN)). The company intends to price on Monday after the market close and list on the NASDAQ on Tuesday under the ticker symbol YNDX. Morgan Stanley, Deutsche Bank Securities and Goldman, Sachs & Co. are the lead managers on the deal, which is one of eight scheduled to price on this week's US IPO calendar.

Read more about why Yandex is more than just "Yet Another Indexer".

Keywords/Tickers: YNDX

Source: www.RenaissanceCapital.com

IPO Calender May 23

Upcoming IPO Calendar

Company Name/Ticker	Underwriter	Price Range Shares	Pricing Week
Yandex N.V. YNDX	Morgan Stanley Deutsche Bank Securities	$20 - $22 52.2 mil	05/23
Spirit Airlines SAVE	Citi Morgan Stanley	$14 - $16 20.0 mil	05/23
The Active Network ACTV	BofA Merrill Lynch Citi	$16 - $18 11.0 mil	05/23
Freescale Semiconductor FSL	Citi Deutsche Bank Securities	$22 - $24 43.5 mil	05/23
Lone Pine Resources LPR	J.P. Morgan Credit Suisse	$18 - $20 15.0 mil	05/23
Sabre Industries SABR	Stifel Nicolaus Weisel Baird	$12 - $14 7.0 mil	05/23
Nobao Renewable Energy* NRE	Citi Deutsche Bank Securities	$11 - $13 11.2 mil	05/23
Solazyme SZYM	Morgan Stanley Goldman, Sachs & Co.	$15 - $17 10.0 mil	05/23

Notes:
Nobao Renewable Energy - *Previously filed to offer 18 million ADSs at $8-$10 before postponing the deal on 6/3/10.

http://www.renaissancecapital.com/IPOHome/Calendars/OnDeck.aspx

Recently Priced IPO Calendar

Company Name	Ticker	Offer Date	Underwriter	Shares	IPO Price	Closing Price	Return	Today's Price/Change
LinkedIn	LNKD	05/18/11	Morgan Stanl	7.8	$45.00	$88.30	96.2%	$88.00 -5.00 (-5.0%)
China Zenix Auto	ZX	05/11/11	Morgan Stanl	12.9	$6.00	$6.03	0.5%	$6.00 +0.00 (0.0%)
NGL Energy Partners	NGL	05/11/11	Wells Fargo	3.5	$21.00	$21.46	2.2%	$21.00 -0.00 (-1.0%)
Phoenix New Media	FENG	05/11/11	Morgan Stanl	12.8	$11.00	$11.85	7.7%	$12.00 -1.00 (-5.0%)
FriendFinder	FFN	05/10/11	Imperial Cap	5.0	$10.00	$5.68	-43.2%	$6.00 -0.00 (-3.0%)
Jiayuan.com	DATE	05/10/11	BofA Merrill	7.1	$11.00	$15.21	38.3%	$15.00 +1.00 (6.0%)
Kosmos Energy Ltd.	KOS	05/10/11	Citi	33.0	$18.00	$18.41	2.3%	$18.00 -1.00 (-3.0%)
RLJ Lodging Trust	RLJ	05/10/11	BofA Merrill	27.5	$18.00	$18.01	0.1%	$18.00 -0.00 (-0.0%)
Universal Business	UBPS-U	05/09/11	EarlyBird Ca	12.0	$6.00		n/a	N/A 0.00 (n/a)
NetQin Mobile	NQ	05/04/11	Piper Jaffra	7.8	$11.50	$5.70	-50.4%	$6.00 -0.00 (-6.0%)
Thermon Group	THR	05/04/11	Barclays Cap	10.0	$12.00	$11.97	-0.3%	$12.00 -1.00 (-4.0%)
VOC Energy Trust	VOC	05/04/11	Raymond Jame	11.1	$21.00	$21.48	2.3%	$21.00 -0.00 (-1.0%)
Boingo Wireless	WIFI	05/03/11	Credit Suiss	5.8	$13.50	$9.50	-29.6%	$10.00 -0.00 (-2.0%)
Renren	RENN	05/03/11	Morgan Stanl	53.1	$14.00	$12.40	-11.4%	$12.00 -1.00 (-5.0%)
RPX Corporation	RPXC	05/03/11	Goldman, Sac	8.4	$19.00	$27.92	46.9%	$28.00 -1.00 (-2.0%)
21Vianet Group	VNET	04/20/11	Morgan Stanl	13.0	$15.00	$11.29	-24.7%	$11.00 -2.00 (-12.0%)
Responsys	MKTG	04/20/11	Morgan Stanl	6.6	$12.00	$16.56	38.0%	$17.00 +0.00 (2.0%)
Mission NewEnergy	MNEL	04/19/11	Chardan Capi	2.8	$9.00	$7.19	-20.1%	$7.00 -0.00 (-0.0%)
Sagent Pharmaceuticals	SGNT	04/19/11	Morgan Stanl	5.8	$16.00	$24.40	52.5%	$24.00 +1.00 (3.0%)
Tesoro Logistics LP	TLLP	04/19/11	Citi	13.0	$21.00	$23.34	11.1%	$23.00 -0.00 (-1.0%)
Air Lease Corporation	AL	04/18/11	J.P. Morgan	30.3	$26.50	$28.75	8.5%	$29.00 -1.00 (-3.0%)
Ellie Mae	ELLI	04/14/11	Barclays Cap	7.5	$6.00	$6.80	13.3%	$7.00 +0.00 (4.0%)
Sequans Communications	SQNS	04/14/11	UBS Investme	7.7	$10.00	$11.73	17.3%	$12.00 +3.00 (29.0%)
STAG Industrial	STIR	04/14/11	BofA Merrill	13.8	$13.00	$12.28	-5.5%	$12.00 -0.00 (-3.0%)
Arcos Dorados	ARCO	04/13/11	BofA Merrill	73.5	$17.00	$22.00	29.4%	$22.00 -0.00 (-0.0%)
Box Ships	TEU	04/13/11	UBS Investme	11.0	$12.00	$10.21	-14.9%	$10.00 +0.00 (2.0%)
TMS International	TMS	04/13/11	BofA Merrill	11.2	$13.00	$13.92	7.1%	$14.00 -0.00 (-0.0%)
Zipcar	ZIP	04/13/11	Goldman, Sac	9.7	$18.00	$25.20	40.0%	$25.00 -1.00 (-3.0%)
CVR Partners, LP	UAN	04/07/11	Morgan Stanl	19.2	$16.00	$18.00	12.5%	$18.00 -0.00 (-1.0%)
Golar LNG Partners LP	GMLP	04/07/11	Citi	12.0	$22.50	$26.99	20.0%	$27.00 -0.00 (-0.0%)
SandRidge MS Trust I	SDT	04/06/11	Raymond Jame	15.0	$21.00	$25.84	23.0%	$26.00 -1.00 (-2.0%)
Tranzyme	TZYM	04/01/11	Citi	13.5	$4.00	$4.57	14.3%	$5.00 -0.00 (-6.0%)
GNC Holdings	GNC	03/31/11	Goldman, Sac	22.5	$16.00	$19.48	21.8%	$19.00 +0.00 (1.0%)
Preferred Apartment	APTS	03/31/11	Wunderlich S	4.5	$10.00	$9.27	-7.3%	$9.00 -0.00 (-1.0%)
Apollo Global	APO	03/29/11	Goldman, Sac	29.8	$19.00	$17.60	-7.4%	$18.00 -0.00 (-1.0%)
Qihoo 360	QIHU	03/29/11	UBS Investme	12.1	$14.50	$27.81	91.8%	$28.00 -2.00 (-5.0%)
ServiceSource	SREV	03/24/11	Morgan Stanl	11.9	$10.00	$20.09	100.9%	$20.00 +0.00 (1.0%)

MinKL Invest

Pages