TIPT Will go to $17 Dollars

Tiptree is currently sitting at ~$14 and is going to ~17 dollars through their subsidiary company Fortegra IPO at ~$15 a share for 8.9 million shares. With an 80% stake in Fortegra this will add a straight 100m to the market cap of TipTree. With a marketcap currently at 450m with 30m outstanding shares this would add ~$3 dollars to the stock price. I believe we will see TIPT going up through Friday and there is still time to get in.

This is my opinion and not financial advice.