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Monday, September 30, 2013

RE/MAX (RMAX) IPO to Open in October 2013

The RE/MAX IPO is expected to open this on the NYSE. Look for RMAX stock on Thursday or Friday. The company is looking to raise $200 million by pricing 10 million shares in the range of $19-$21. This seems low to me so if RMAX comes under the radar it has the potential to be a great buy.  We will be watching RMAX for a potential trade in the stock picks group for sure!

http://blackberrystocks.com/ipos2013.html 

Tim

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