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Wednesday, May 18, 2011 11:41:32 AM
there is a thriving market for non public co.s where
shares can be *traded* without the crop of BS issues
faced by legit co.s <expo> on the *poorly watched* OTC
Actually, there needs to be a qualifier to this statement.
There is a thriving market to private companies with viable operations. There is no thriving market in trading failed pink sheet companies. going private would be taking a non-reporting pink sheet failure out of the public trade domain. In being private, there is a smaller base of investors to begin with and those that trade this less liquid market are more astute than those who trade...failed pinkies.
if nobody is buying this public company as a seen value, what makes you think it will come in private?
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