Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: ild who wrote (160007)	4/15/2002 1:29:01 AM
From: KeepItSimple	Read Replies (2) of 436258

Has there ever been any other reason, for any IPO, ever? Comon. The entire purpose of being a public company is because it allows insiders to experience huge profits through selling stock. The "Raising money for operations" scam is just a huge lie. That's what the bond markets are for. IPO= fleecing of J6P. Nothing more, nothing less. There is no reason to IPO for any company EXCEPT to rip off retail investors. Unless you know of a reason I can't think of? --------------------- Wasn't that the reason they did IPO, so they could dump their shares?

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