InvestorsHub Logo
Followers 2
Posts 411
Boards Moderated 0
Alias Born 02/07/2012

Re: Homeland post# 309

Tuesday, 06/19/2012 2:31:32 AM

Tuesday, June 19, 2012 2:31:32 AM

Post# of 355
Let's see GSVC three investments have gone public, Groupon, they overpaid then the initial offering, and enough said on that. Zynga they over paid on the initial offering with the bridge loan that they are still paying interest. FB they saved 2 dollars per share on the initial offering and it's now trading at 31, and one could argue FB rally is a short rally, with everyone shorting it. So they have had three investments, two of the three have been overpaid, all three all down badly, Groupon they have deposed of some of the shares. Mr. Moe has been demoted. I would say that is the only thing positive that they have done. Mr. Moe was the same man in January on CNBC still claiming that Groupon was going to be a 40 share come August. They still have over 75 million shares that they can do a offering at anytime this year. Only one conclusion you would have to be insane to invest in this company. Take it's sister stock SVVC, same investments with FB, lost their butts. But at least they got YELP which was nice, they both own Guitle Groupe shares. But the IPO market is dead for this year. I can't see another company after FB wanting to go public to at least October. It seems to me that the board member's are just collecting their 3% fees for running the company and stealing a paycheck. I can't see how a retail investor can do any worse. These two stocks are dead till next year. I wouldn't buy this at 7. It's only going to get uglier with the shorts and FB 1st quarter filing.