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Lowry, M., Officer, M., & Schwert, G. W. (2010). The variability of IPO initial returns. The Journal of Finance, 65(2), 425-465. Moody, E. F. (n.d.). IPO's. Retrieved from http://www.efmoody.com/investments/ipo's.html Muscarella, C., & Vetsuypens, M. (1989). A simple test of baron's model of underpricing. Journal of Financial Economics, 24, 125-135. Ray, S. (2008). IPO discounts and fraction of the firm sold: Theory and evidence. SSRN - Working Paper Series, Retrieved from http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1030843 Ritter, J. (1987). The costs of going public. Journal of Financial Economics , 19(2), Retrieved from http://www.sciencedirect.com/science/article/pii/0304405X87900055 Ritter, J. (2011). Equilibrium in the IPO market. SSRN - Working Paper Series, Retrieved from http://ssrn.com/abstract=1822542 Securities and Exchange Commission, Office of Investor Education and Advocacy. (2011). Investor bulletin: Reverse mergers. Retrieved from website: http://www.sec.gov/investor/alerts/reversemergers.pdf Securities exchange act of 1934. (1934). Retrieved from http://www.sec.gov/about/laws/sea34-12g.pdf