Time after IPO, typically 25 days, when all parties involved in IPO are prohibited from commenting on the company’s future prospects. Analysts employed by underwriters are free to make buy/hold/sell recommendations after the Quiet Period expiration.
Archives
Registered Traders
A trader employed by a securities firm who is required to maintain reasonable liquidity in securities markets by making firm bids or offers for one or more designated securities up to a specified minimum guaranteed fill.
Simple Moving Average (SMA)
This is the average stock price over a certain period of time.
Quote
Information on the last trade, and current bid and asked prices. Most quotes are intentionally delayed about 20 minutes.
Share Certificate
A paper certificate that represents the number of shares an investor owns.
Substitutional Listing
A broad category of transactions that involves one security on the stock list being replaced by another security or securities.
REIT (real estate investment trust)
A special form of corporation that invests primarily in real estate. REITs do not pay federal income taxes as long as they pay out 90% of their earnings to shareholders in the form of dividends.
Small Cap
Company with market capitalization less than $1 billion.
Simple Moving Average (SMA)
This is the average stock price over a certain period of time.
Screening
Searching the entire universe of mutual funds or stocks meeting user-specified criteria.