Anyone buying into IPOs in this preposterously overpriced market are clinically insane. Here are some of the gems that investment banks have shoved down the public’s throat lately.
One that caught my eye was BULL, which blasted higher the day after its IPO and then proceeded to wipe everyone out.
What are they? Apparently, an also-ran brokerage which is trying to suck the last drops of juice out of this asset bubble.
I figure if Gonnabesick ever subscribes, I’ll be ready for Slope’s IPO.
