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I like Henry (Joe...not so much), but they are being idiots. Pricing an IPO is not quite that easy. And a 100% pop is not the end of the world for the company. In fact it is pretty neat.

Henry's analogy is asinine. Better is the owner of a 10 unit building renting to a tenant for $1000 who turns around and rents for $2000. The owner, without doing anything, has just increased the value of his building by 90%.




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