Pot Is Clean
 |
Definition of 'Pot Is Clean'A slang phrase referring to a situation in which an underwriter has successfully sold to investors all of its available issues of a public offering of securities. Also known in more formal terms as "fully subscribed". |
 |
Investopedia explains 'Pot Is Clean'Typically, the goal of a public offering is to price the security issue at the exact price at which all the issued shares can be sold to investors, so there will be neither a shortage nor a surplus of securities. When the pot is clean, the underwriter has no more of the issue to sell to interested investors. If there is still interest in the issue and nothing left for an underwriter to offer, it is probable that the issue was underpriced and oversubscribed. |
Related Definitions
Articles Of Interest
-
Interpreting A Company's IPO Prospectus Report
Learn to decipher the secret language of the IPO prospectus report - it can tell you a lot about a company's future. -
5 Tips For Investing In IPOs
Thinking of investing in IPOs? Here are five things to remember before jumping into these murky waters. -
Brokerage Functions: Underwriting And Agency Roles
Learning about these various activities can give insight into how securities are issued and traded. -
IPO Basics Tutorial
What's an IPO, and how did everybody get so rich off them during the dotcom boom? We give you the scoop. -
A Look At Primary And Secondary Markets
Knowing how the primary and secondary markets work is key to understanding how stocks trade. -
The Road To Creating An IPO
Through an Initial Public Offering, or IPO, a company raises capital by issuing shares of stock, or equity in a public market. Generally, this refers to when a company issues stock for the first ... -
Digging For Profitable Delistings
Deregistration can provide opportunities for savvy investors. We'll show you how to cash in. -
Coty Readies IPO
Fragrance maker Coty filed a registration statement amendment May 28 that sees it raising as much as $1.2 billion from its IPO. Coty tried to buy Avon for $10.7 billion in 2012 but was unsuccessful. ... -
Ski-Doo IPO Raises $254 Million: Should You Buy?
Read on and I'll look into if you should buy Ski-Doo's stock once it becomes available. -
Marketo Jumps 67% in IPO Debut-Time To Sell?
Software startup Marketo went public May 17. Its stock closed up 64% in its first day of trading. Time to sell your shares and move on? I'll have a look...
Free Annual Reports