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Tuesday, March 13, 2012

#THE NEW IPO ECONOMY DREAMS OR FANTSY

     The late and great GEORGE BURNS once said "Want to know what is wrong with the country ask a cabbie or a barber".  The new IPO launches that seem to dominate the financial news is either fantsy, fake, or plane fraud.  The private equity firms get first shot at the new issues and the public relations department prop up the stock with positive spin.   The stock goes public and Joe Public greedy to buy the next high flyer drains his brokerage account only to see the value within 90 days shrink to half of the orginal value.  Good Luck Suckers check the economic indicators after the election of 2012 the real economy will emerge.   The fake economy you are witnessing is shuffle of funds all over Wall Street to trick fuck the investors into yield vers risk. 

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