Fender drops IPO

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johnhall
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Fender drops IPO

Post by johnhall »

Breaking news:

http://www.latimes.com/business/money/l ... 0528.story

http://www.usatoday.com/money/markets/s ... 56356626/1

http://www.marketwatch.com/story/fender ... atest_news

After looking at their numbers I knew I sure wasn't going to buy their stock out of the gate! I suspect a number of institutional buyers, which would have been necessary for this to work well, probably felt the same. May also be another victim of the Facebook IPO debacle.

As I recall this is their fourth IPO attempt. Maybe Gibson will beat them to the wire after all!
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rickenbrother
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Re: Fender drops IPO

Post by rickenbrother »

I guess they want to avoid a big dent in the Fender!
The JETGLO finish name should be officially changed to JETGLO ROCKS! :-)
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cjj
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Re: Fender drops IPO

Post by cjj »

:roll: :roll: :roll:
:lol:
I have NO idea what to do with those skinny stringed things... I'm just a bass player...
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8mileshigher
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Fender drops IPO

Post by 8mileshigher »

rickenbrother wrote:I guess they want to avoid a big dent in the Fender!
:lol: :lol: :lol: :lol: :lol:
johnhall wrote: May also be another victim of the Facebook IPO debacle.
So true ....
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