So Ferrari went public

[AKguy]

@ $52/share. No thanks. You might get some dividends, but they cater to such a niche market that I don't see how the stock value could increase without them unveiling something equivalent to the Porsche Boxter or Cayman.

Now if only Chick-fil-a would go public, I could be one rich SOB.

 

[BHJ]

OR QT

 

[AKguy]

OR QT

That too.

 

[chopper duke]

Now if only Chick-fil-a would go public, I could be one rich SOB.

Right!

 

[mojo]

Or ODT.

 

[JamesG]

Ferrari, the owners looking to cash-in/out at the top of a stock market bubble. It makes no sense for a niche luxury brand to need to access public capital markets unless:

a) They want to develop a mass market product (and there by dilute their brand).
b) They are getting their butts kicked in their market and this was the last gasp to try to regain market share.
c) They want to take advantage of the loose money and name recognition to be able to keep going racin' (ie: waste investors money).
d) All of the above.

Nothing says frothy market like when companies like this do IPOs.

 

[AmericanFreedomFighter]

Ferrari, the owners looking to cash-in/out at the top of a stock market bubble. It makes no sense for a niche luxury brand to need to access public capital markets unless:

a) They want to develop a mass market product (and there by dilute their brand).
b) They are getting their butts kicked in their market and this was the last gasp to try to regain market share.
c) They want to take advantage of the loose money and name recognition to be able to keep going racin' (ie: waste investors money).
d) All of the above.

Nothing says frothy market like knows when companies like this do IPOs.

Somebody's well versed in business/finance

 

[furious]

2016 Ferrari Genesis GT starting at $14,999 at your local Ferrari/Hyundai dealer.