😬Smile Direct Club Inc. is Out of Alignment😬

The company has a severe case of busted convertitis.

Jan 26, 2022

∙ Paid

How are all those “Opportunistic IPOs” we’ve talked about doing? Not. Well. Not well at all. This is an absolute bloodbath:

Source: Koyfin. Numbers as of market close 1/24/22.

We’ve been writing about opportunistic IPOs over the last several months as if they’re a new phenomenon. Spoiler alert: they’re not. It just got particularly obnoxious and flagrant …

Keep reading with a 7-day free trial

Subscribe to PETITION to keep reading this post and get 7 days of free access to the full post archives.