I have not even looked these guys up... IPO's are a bit instinctual.. my antenna is indicating this is going to be a good one.. but like I said I don't know them- I want to guess finance? I'll check> SailPoint 60M share IPO priced at $23.00 » 06:06 SAIL
Enanta CEO buys $256K in common stock » 21:15 ENTA Quick thought- It's a Bio they have a relationship with Abbot and several shots on goal...They are out of MA so worth a look./ SailPoint prices upsized 60M share IPO at $23, top of range, Bloomberg says 19:10 SAIL Ole' stoney can smell a winner in the IPO market. Reddit sinks 14% after Q4 earnings, Q1 outlook » 16:24 RDDT Quick thought- The analysts are falling over themselves upgrading it what looks to me to be a full out panic. What is Reddit a message board? I don't get it but this is going much lower. You can tell by the penguin panic. Watching--> TVTX Travere Therapeutics, Inc. $23.20-0.55(-2.32%)4:00 PM 02/12/25 NASDAQ |$USD |Pre-Market:$22.86-0.34(-1.47%)8:24 AM
Sailpoint is Cyber security. I must know these guys from deals-- that's why the name pinged positively to me... Oh wait--- Thomas Bravo-backed SailPoint set for US market comeback after over two years- These guys went private. Hummmmmmmmmm. Oh fuck-- mixed feelings-- One Morgan was an underwriter I could of got some... I don't like to reward these PE vultures. I mean they are not doing us any favor here... but they have connections out the wahoo.. SailPoint first went public in 2017, three years after being acquired by private equity firm Thoma Bravo, which bought it again in 2022 via a$6.9 billion deal. A successful debut could encourage others in the pipeline, such as chipmaker Cerebras, buy now, pay later giant Klarna and AI software firm Genesys to move forward with their listing plans in the coming months. Klarna
We could probably just ride this SAIL a bit today I wish it was a weak open. I think we are mostly flat./ There was some interesting news out of China last night the Gov moved in on one of these developers and bought all the houses... I think it was a sign of a change in tactic meant to re assure others.. but most likely a very bad sign...
Man fuck these guys-- did I say they have connections-- this is a house on fire- staying away. SailPoint plans to list on the Nasdaq under the symbolSAIL. Morgan Stanley, Goldman Sachs, J.P. Morgan, Evercore ISI, BofA Securities, Barclays, Jefferies, RBC Capital Markets, BMO Capital Markets, BTIG, Mizuho Securities, Piper Sandler, TD Cowen, and Truist Securities acted as joint bookrunners on the deal. WTF no gummybear?