That Time We Halted an IPO

by Mr Juggles

Our crack analysis of the Classmates.com IPO The Best S-1 I Have Read Today proved prescient. Today, United Online (NASDAQ: UNTD) withdrew the Classmates.com IPO due to “market conditions.” According to our proprietary corporatespeak translator, this means “no one fell for our ludicrous ploy.”

Recommendation: When choosing between an investment in Goldman Sachs (NYSE: GS) or Long or Short Capital, remember who brought you the Classmates.com IPO and who told you to short it.

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POSTED: 12/12/07 3:34 PM
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  1. Matt
    December 12th, 2007 | 5:08 pm

    They must have run out of shrooms and the magic dancing money fairy disappeared.