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05/20/2013 Monday
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U.S. IPOs and Secondaries





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Secondaries Track Record Summary

2013 Secondaries that carried an IPO Global Research BUY recommendation
IPO Global Research
BUY rated
Secondaries		Number% Gain
Issue vs.
Open		% Gain
Issue vs.
High
2013 Secondaries 723.435.11




We rate Secondaries as BUY - NEUTRAL - AVOID.

The above chart includes only our BUY recommendations. The last 20 are shown to represent the effect of our BUY ratings in the current Secondaries market on their first closing day of debut.


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