We don’t need no stinkin’ free markets anymore as Rick Santelli said on CNBC, the stuff our government is doing is the stuff that countries with hammers sickles on their flags do. Enough said. IPO dumps their shares on the public today, making 17.3 billion for the insiders to spend as they please. As I always say, companies don’t go public to give away the farm, they do this to get a big fat payday, nothing more. Remember that as you chase the V ipo shares to the sky today in the alrgest IPO ever.
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