Wayne Rumball's House of Nonsense

[Wayne R]

here in france, FDJ is going public. It's the government organisation that sells lotto tickets, scratch cards etc

The initial offering is for 2 billion euros and just about anyone can get in. The price per share somewhere between 16 and 19 euros.

They can't stop talking about it on radio and television

My wife wants to invest and asked my opinion. I said no

First of all why do they want to raise 2billion if things are so great

Second, why does the government want to get rid of a cash cow?

Some knucklehead that is supposed to be an important and knowlegable stock guru went on television to say that at 2000 euro investment in this stock could return as much as 2200 euros in 5 years

Why the fuck would I want to tie up 2000 euros for 5 years to gaine 200 euros that will be taxed? wITH NO GUARANTEE that it will actually happen

Probably going to be the biggest pump and dump in history