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To PO or Not To PO, That is the Gastronomy
Ah, the IPO. Investing’s Holy Grail. An IPO is initial public offering. In it, the company agrees to conform to “higher” standards of operation, mainly in the form of reporting and accounting compliance. And in return, the company gets to sell stock to the public and list its shares on an exchange like NASDAQ, or The American Stock Exchange, or the NYSE, etc. Just like the big boys. Why would they want to do that?
Two reasons, really. One is...
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