by ckelly on 2/5/17, 5:51 AM with 3 comments
by mehrdada on 2/5/17, 7:12 AM
How is this relevant, like at all?
> and isn’t fair to those who would buy the stock on the IPO.
You can declare something overvalued or undervalued relative to a specific price, but I do not know how giving someone an option to buy via an IPO or otherwise can be "unfair". You can choose to stay out. Why is it not fair? It seems to portray an IPO as something you one-sidedly decide to do and somehow you magically get money, and there is no choice on the other side of the market to buy or not buy.
[I stopped reading right there.]