http://shearlingsplowed.wordpress.c...-price-the-ipo-above-29-11-we-shall-soon-see/
great review of insider stock purchases taken from the filing. a scathing review of a fred hater.
"We will then see whether the insiders are seeing an implied gain on the IPO, or an implied loss. And we will see whether the $10 billion asking price from early 2013 was ever anything other than a pipe dream. [About 3.3-times sales ($10 billion/$3 billion in 2012 sales) for a company with this much debt -- and these thin margins -- seems pretty far beyond the pale, in today's markets, in my personal opinion.]"
great review of insider stock purchases taken from the filing. a scathing review of a fred hater.
"We will then see whether the insiders are seeing an implied gain on the IPO, or an implied loss. And we will see whether the $10 billion asking price from early 2013 was ever anything other than a pipe dream. [About 3.3-times sales ($10 billion/$3 billion in 2012 sales) for a company with this much debt -- and these thin margins -- seems pretty far beyond the pale, in today's markets, in my personal opinion.]"