Thinksoft Global Services, a small information technology (IT) company, today extended the closing date of its initial public offer (IPO) and revised the price band after a lukewarm response to the issue. While the subscription period has been extended by four working days till October 1,…
Thinksoft Global Services – IPO: Avoid
Posted on: September 22nd 2009 in Stock Views.
Investors can avoid the initial public offering of Thinksoft Global Services, a software testing company, given the concerns that surround its performance and global trends in the IT deal landscape. Its niche offerings may also force it to rely on a smaller universe of clients. At the up…
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