Post by
Retireyoung on Dec 29, 2020 9:36pm
Why do companies undervalue their stock?
I understand why companies do these finance deals but I don't understand why they always undervalue their stock so much. Every time I see this happen the price drops substantially and takes a while to recover. I'm frustrated but I'll hold it for the long term in any event. Hopefully it's not a real bad day tomorrow.
Comment by
mrgreen0 on Dec 29, 2020 9:55pm
Thus pp was announced awhile ago...how is it a surprise to u today now that it closed oversubscribed???