Everyone agrees that independent research is important, but no one has been willing to provide it at an affordable cost to the average investor — until now.
Well Auctioned only selects independent senior research analysts. We require that they write a report that would satisfy an institutional investor, but be easily digestible to all investors in a summary format. The analysts agree not to participate in the IPO in any manner other than providing their knowledge to Well Auctioned's customers.
Analysts who work for a brokerage firm or investment advisor involved in the distribution of the IPO are prohibited by the Securities and Exchange Commission ("SEC") rules from publishing until 25 days (the "Quiet Period") after the IPO — not much help when you are trying to understand hundreds of pages of a prospectus before you put thousands of dollars into a speculative and potentially risky investment. Well Auctioned's research bolsters customer knowledge during the information void of the "Quiet Period", both before the IPO and in the often turbulent first days of aftermarket trading. Our research is still relevant after the IPO, both to current owners of the IPO, as well as those who may want to invest in the aftermarket.
We hope to make Well Auctioned research the "Independent Voice of Choice" for understanding IPOs.
We look forward to seeing you at the practice session for the
auction simulation!