b3rkut

Will Dollar General's IPO Succeed?

when you and egg say you are against buying a previously privatized company, are you referring to buy-and-holding an IPO, or buy-wait-a-few-days-an... if there is a lot of hype about a company, chances are in the very short term, the stock will rise, so why not cash in for a few days' investment?

thnx!


On Jul 30 10:52 AM Brad Castro wrote:

> I agree with Egg - it's ridiculous to even consider an IPO like this.
> For the most part, private equity doesn't improve the businesses
> they take private - they just saddle them with a ton of debt which
> is then used to pay the private equity firm's fees for the taking
> them private.
>
> You know a business is truly valuable when it goes private and stays
> private - and isn't drowning with debt in the process. Whether it's
> flipping houses or flipping businesses, buyer beware.
>
> Capitalism at its best creates value. This isn't an example of that.
> On the contrary, this is an example of the opposite - wealth for
> a few through the process of eliminating value.
>
> Shameful . . .