Dallas Salazar
IPOs, contrarian, long/short equity, long-term horizon

Money Managers Need Not Waste Time With Michaels

At the conclusion of my research into The Michaels Companies (NASDAQ:MIK) I've decided that it's been a long time since I've been that bored. The MIK S-1 read like running on no sleep after staying awake for 36 hours feels. It was mundane, it was uninteresting, and it was monotonous. It really felt like it was put together last minute without any thought as to the idea that this last document might be able to salvage what was an even worse showing during the roadshow. I know that none of that rant is relevant to the operations at MIK or the company's future but for me it really speaks to how the company has been ran the last...

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