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Safe Investing: Adult web sites?

Started by tfn · 1 year ago

"While it is certainly not a company with high moral or ethical values, it offers investors a shot at some pretty hefty profits. " – Andrew Snyder 
By Andrew Snyder
Baltimore (TFN) — This market is a stock trader’s dream come true.  One day the market is up 200 points, the next day it gives back its gains ... Continue reading »

1 comment

  • There is some apparent movement towards putting Penthouse Media IPO towards the end of the year. Ethical considerations aside, as this is an adult site, why would the company sanely launch this IPO while the market is in such poor shape? Whereas it would make sense for an employee to buy options at a cent a share, but why would an investor? Granted that Penthouse might want to raise $250, netting around $8 a share, but what would the realistic price be?

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