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funny story................
Google Inc.
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After Hours: 117.25 Vol 211,724
Last 117.49
Change(%) +3.52 (+3.09%)
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Be grateful the original offering plan was modified
Thankfully, the SEC denied the company?s first attempt at registering shares. My hunch is the SEC recognized this for the disaster that it was sure to be and pulled the plug at the last minute. The Dutch auction concept, while admirable, alienated the entire professional community. The unsuspecting individual investor, had the company priced at anticipated levels, would have been in for a rude surprise. I really don?t think I was the only one who would have recommended shorting shares at the opening had they proceeded as planned.
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