Secondaries announced 3.16.2016

IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.

Company: U.S. Silica
Symbol: SLCA
Price: Last trade $20.72
Trade Date: 3/17
Shares: 8 million
Underwriter(s) Barclays, Morgan Stanley
Rating=Subscription Needed

Company: Scorpio Bulkers Inc.
Symbol: SALT
Price: Last trade $3.68
Trade Date: 3/17
Shares: 21 million
Underwriter(s) Clarksons PLC, Pareto Securities
CoManager(s) BTIG
Rating=Subscription Needed