Will Wall Street Get Hot And Bothered Over These Smoking IPOs?
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Two of last year's hottest China-based IPOs have their quite periods ending soon, meaning the investment banks that were involved in the underwriting can launch equity research coverage.
Youku.com (Nasdaq: YOKU), called the YouTube of China, and China Dangdang (Nasdaq: DANG), the Amazon.com of China, both have a quite period expiration of January 17th.
January 17th is ML King Day and the market is closed. The soonest analysts can start cranking out their Buy, Sell or Hold ratings on these two hot stocks will be January 18th.
Underwriters on Youku.com that could launch research coverage include Goldman Sachs, Piper Jaffray, and Pacific Crest.
Underwriters on E-Commerce China Dangdang that could launch research coverage include Credit Suisse, Morgan Stanley, Oppenheimer & Co., Piper Jaffray, Cowen and Company.
Youku.com is up 191 percent and E-Commerce China Dangdang is up 98 percent since their December 8th debuts. How much upside is left you ask? You'll have to wait to see what the sell-side masters have say. Tracking ratings on all your favorite stocks at StreetInsider.com's Ratings Insider.
* Updated with the correct day for ML King day.
Youku.com (Nasdaq: YOKU), called the YouTube of China, and China Dangdang (Nasdaq: DANG), the Amazon.com of China, both have a quite period expiration of January 17th.
January 17th is ML King Day and the market is closed. The soonest analysts can start cranking out their Buy, Sell or Hold ratings on these two hot stocks will be January 18th.
Underwriters on Youku.com that could launch research coverage include Goldman Sachs, Piper Jaffray, and Pacific Crest.
Underwriters on E-Commerce China Dangdang that could launch research coverage include Credit Suisse, Morgan Stanley, Oppenheimer & Co., Piper Jaffray, Cowen and Company.
Youku.com is up 191 percent and E-Commerce China Dangdang is up 98 percent since their December 8th debuts. How much upside is left you ask? You'll have to wait to see what the sell-side masters have say. Tracking ratings on all your favorite stocks at StreetInsider.com's Ratings Insider.
* Updated with the correct day for ML King day.
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