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http://www.todaysfinancialnews.com/investment-strategies/safe-investing-penthouse/
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TodaysFinancialNews.com LLC: Safe Investing: Adult web sites?

Joel · 1 year ago

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?