95% of that IPO is paying off silver lake and other shareholders.
How much can party city possibly be worth?
Dont forget Ashleymadison.com wants to IPO as well but they'll probably go to Europe because they're more liberal about the whole cheating on your spouse thing.
IPOs are rarely priced for the retail investor to get a deal when it goes to market. Good for nothing more than a short term pop.
How can someone like the SEC not step in when someone has 1 losing trading day in 6 years?
Yeah, yeah, liquidity. I get their value proposition.
Etsy is shyt too... part of the proceeds are going to Etsy.org, which I think benefits women entrepreneurs. Not sure that's how they should be spending my money.