PokerTek, Inc. (PTEK:NASDAQ) shares soared 38% before noon as traders believed institutional investors were impressed with the company’s presentation at the Goldman Sachs Lodging, Gaming, Restaurant and Leisure Conference.
Dude, I’m starting to get the hang of this IPO thing. I checked the “calendar” and saw that we’ve got four deals this week — two IPOs and two secondaries. So does that mean its shaping up to be a decent week for you?
It’s volatility again, part two of a subject you probably didn’t realize you’d be dying to know so much about.
The bulls found a home in Google on Friday. The stock price rose nearly $90 a share, on reports of 42% revenue growth in the first-quarter, bringing $28 billion in share-holder wealth to Wall Street. No doubt this Google news was welcomed in the face of staggering losses in the financial industry.
And Rick Pendergraft sees Google continuing it’s search and advertising dominance online even against the possible combination of Yahoo and Microsoft.