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To: Presbyterian Reporter

The company has no revenue or earnings.

Does anyone think for a second that any programming or platforms created wouldn’t start generating revenue in seconds?

This event is more akin to funding by venture capitalists than an IPO.

I would think Forbes would know better.


6 posted on 10/24/2021 6:55:53 AM PDT by Vermont Lt
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To: Vermont Lt

The company has no revenue or earnings.

Does anyone think for a second that any programming or platforms created wouldn’t start generating revenue in seconds?

This event is more akin to funding by venture capitalists than an IPO.

I would think Forbes would know better.


An initial offering like this has lots of orders placed without price limits.

Sure, some sold at $175 but how many shares? The market eventually will speak.

Your points are good.


13 posted on 10/24/2021 7:00:35 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: Vermont Lt
This event is more akin to funding by venture capitalists than an IPO

...or possibly a FReepathon that Wall Street is collaterally (sp?) helping to finance because they just don't "get it"

jmo

17 posted on 10/24/2021 7:14:11 AM PDT by Roccus (Prima di ogni altra cosa, siati armati!)
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To: Vermont Lt

Forbes is a deep state propaganda outlet. Has been for years.


18 posted on 10/24/2021 7:20:29 AM PDT by silent majority rising
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