IPO only if the 3 year financials are clean

[Anonymous]

IPO requires perfect financials. Is the information ready for an IPO?

 

[Anonymous]

Has the formal registration process begun?

 

[Anonymous]

Has the formal registration process begun?

The bidding process was likely just B+L management stalling for time because they were not ready for the financial requirements of the IPO. What a lazy bunch. They should have the company in an IPO already.

 

[Anonymous]

Filthy, the financial community knows it. An IPO flop is very much possible.

 

[Anonymous]

Filthy, the financial community knows it. An IPO flop is very much possible.

If this company was good enough for an IPO it would have filed early this year. The market is perfect for IPO right now. The stall, delay, faint, bidding, process is likely just a smoke screen to cover that something may be wrong with the company.

It is time for B+L to show their cards in an IPO. Either it is a viable company or it is not.

 

[Anonymous]

The Wallstreet journal reported on B+L being able to file an IPO last summer but that B+L was trying to bulk the company up with acquisitions prior to the sale. The acquisition was probably just another delay tactic by B+L management to delay showing the financials of the company in an IPO.

All the IPO talk for the last year and many excuses for not filing:

1. Have to buy ISTA and absorb the new acquired company first
2. Have to do a an unusual two month biding process first (with an unrealistic price that no one would pay)
3. Have to wait until the overall market conditions improve
4. Have to wait until the new CFO can be hired to work on the IPO. What was the last CFO and CEO doing for the last two years?

IPO. Don't hold your breath on this one. Since the company said that an IPO could have been filed last summer except for the (1-3) above, now that those conditions have been met an IPO from this company is due. If the IPO process is not started in the next few months look very carefully at the next excuse from the company for not filing. If the excuse does not look right then expect that there is something very wrong with the financials of this company. On the other hand, if an IPO is filed then there is a chance that B+L is truly a viable company and it maybe worth purchasing stock at the right price.

In the ophthalmic investment community most are tired of hearing about B+L and its potential. It is time for B+L to put up or shut up.

 

[Anonymous]

unless you can get IPO shares before the open, and then sell on the open, do not purchase immediately after the open. Stock will sink on the open.

regular folks can't get ipo shares. big investors whose brokers get them some only have access. and they all sell on the open. that's why it sinks.