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I think part of it is that the pop generates goodwill among the big players, making it easier for the company to tap the markets in the future. But it's fair to
by soVeryTired 8y ago
I think part of it is that the pop generates goodwill among the big players, making it easier for the company to tap the markets in the future. But it's fair to argue that a pop means that some money was left on the table.
- hinkley 8y agoIt's also past success as a predictor of future returns. Every bit of information about stocks contains that disclaimer. Probably because everyone ignores that disclaimer... If some group who does underwater IPOs tries to get you to sign up to back their next IPO you won't return their calls.
- zaphirplane 8y agoBuying good will for 4 billion, that’s a lot of waste cause no one is paying you that when you are in trouble and need it What I’m trying to say is your hypothesis is not correct
- soVeryTired 8y agoThey sold 32.5 million shares at $72 apiece, raising $2.3 billion. If you really believe that the 'true' price was the first transaction on the open market, then they left about $400m on the table, not four billion.