Under Armor (UARM) IPO
I usually don't like recomending buying into an IPO but their have been many successful IPO's this year including Baidu (BIDU), Freight Car America (RAIL), Chicago Board of Trade (BOT), Irobot (IRBT), Hoku scientific (HOKU), Bronco Drilling (BRNC), and China Medical (CMED) just to name a few.
I think you should try to pick up some shares of Under Armor (UARM). Under Armor is expected to price on 11/17/2005. The stock will trade on the Nasdaq with a ticker symbol (UARM). Under Armor is profitable and they are the official athletic supplier to MLB and NHL. Their products are also sold in retail stores and are used by high school and college athletes in various sports.
Proposed Offer Price: $7.50 to $9.50
Shares Offered (mil.): 12.01
Offering Amount (mil.): $102.05
Post-Offering Shares (mil.): 46.37
1-Year Sales Growth: 77.8%
2004 Net Income (mil.): $16.3
1-Year Net Income Growth: 184.0%
2004 Employees: 546
I think you should try to pick up some shares of Under Armor (UARM). Under Armor is expected to price on 11/17/2005. The stock will trade on the Nasdaq with a ticker symbol (UARM). Under Armor is profitable and they are the official athletic supplier to MLB and NHL. Their products are also sold in retail stores and are used by high school and college athletes in various sports.
Proposed Offer Price: $7.50 to $9.50
Shares Offered (mil.): 12.01
Offering Amount (mil.): $102.05
Post-Offering Shares (mil.): 46.37
1-Year Sales Growth: 77.8%
2004 Net Income (mil.): $16.3
1-Year Net Income Growth: 184.0%
2004 Employees: 546
posted by Big Ben at Saturday, November 12, 2005
1 Comments:
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