Mr. Gaskins keeps the bar firmly high for 2007 IPOs. With market conditions seemingly better the companies coming to market just keep rolling on. But will investors find great opportunity with these offering? Gaskins presents his analysis if recent offerings and those just around the bend.
Companies listen in this report are as follows; noting their grade and IPO Hardball rank.
CardioMEMS (SENS) a wireless sensors for cardiovascular systems company: C+, 8
Cinemark Holdings (CNK) who operates 392 movie theaters: C+, 7
EDENOR (END) a large electricity distribution company in Argentina: C+, 7
EndoCeutics (ENCX) who develops hormones for cancer & endocrine disorders: C, 5
OceanFreight (OCNF) a startup shipper seeking to acquire ships: C+, 6
Ocean Power Tech (OPTT) an energy company developing technology to pull electricity from ocean waves: C, 6
Orexigen (OREX) who is developing central nervous system disorder treatments: C, 7 Pharmasset (VRUS) creating hepatitis, HIV oral therapeutic treatments: C, 6
Vaughan Foods (FOOD) a regional food processor and packager: C, 5
Also covering in this cast is a recap of last week's prospects (PCS) (DEEP) (SCR)