Portis 2

Clinton Portis was released into the market today, and immediately folks scrambled to clear him out of their IPO sportfolio. We have different opinions as to why this happened, but the most logical reason is that folks no longer see the value of letting an IPO sit in your IPO bucket, and collect value. This just means you have to pay more in the long run. 5% off shares in your IPO bucket, 1% off shares in your regular SOI bucket. The smart money is selling IPOs off, and if you believe in that player, and want to hold on to him, buy them back into your regular SOI bucket. Let the sit there and split.

Derrick Rose is our next contestant on the IPO is Right. Derrrrrickkk Rosseeeeeee, COME ON DOWWWNNNNNN!

POST TIMESTAMPS HERE!

Congrats to TheBrett for correctly guessing that the ticker symbol would be “PORT”

And like it or not, he’s your next IPO! Unless OneSeason decides to throw Tiger into the mix. Check out the Upcoming IPO tool located in the Tools section for a complete listing of upcoming IPOs.

Man, Antonio Pierce just can’t catch a break, huh? First this, and now he’s immortalized in this demotivational poster. Anyways, a little over 17,000 shares of Romo was taken off the market tonight, in the latest of reverse splits. These reverse splits, as explained here two weeks ago, led to Pierce’s IPO release today, and if the market booms on Sunday, I would say it’s a safe bet to watch for the NFL’s Doctor of Style to hit. I will predict Sunday or Monday for Portis to hit the pipeline.

We still have more reverses splits needs to take the market back to where it needs to be before the Yahoo! Factor artificially blew the market cap out of proportion. The reverse splits will continue to happen, take us back to where we need to be, and build a STRONG bottom floor. Good Luck to all you who requested IPO’s. Sunday should be FUN!