Originally Posted by
turbojet28
This is absolutely a possibility. I’m surprised they haven’t already tried this. IPO a bunch of shares at $19 and then buy them back at $4 just a couple years later.
If this is "their plan" then they are the dumbest investors on the planet
How things are supposed to work:
https://www.thestreet.com/sports/mar...-amin-elhassan
Mark Cuban shocked the sports world on Tuesday when it was announced that he was selling majority ownership of the Dallas Mavericks to billionaire Miriam Adelson.
Cuban sold stake for a valuation worth $3.5 billion — a massive increase over the $285 million he paid to buy the Mavericks in 2000