SD wants to launch the IPO in September or October?
Any insights or confirmations??
3 replies (most recent on top)
The stock was a dog when Sycamore bought the company, the company is actually in worse shape, I will be shorting the stock Yuge and capitalize on the stock all the way to the bottom.
Sycamore will not be able to put up an IPO in this market. Heck, it could not when the market was good because Staples is one big @ssturd now.
Bah ha ha they want to launch an IPO huh? well people in hell, where they belong, want ice water too! As an investor what value would you put on a share of Staples? Don't forget the BILLIONS in debt you are purchasing with your stock. The company is for all intents and purposes worthless. There are no assets and the future profitability is dismal at best. this ends in bankruptcy court and everyone will blame Amazon but those in the know know it was SP.