SEC Commissioner Peirce mentions what you don’t see with IPOs
"A duck gliding gently across a still pond exudes calmness. But what you don’t see, just under the water’s surface, are two webbed feet paddling like crazy"
"A duck gliding gently across a still pond exudes calmness. But what you don’t see, just under the water’s surface, are two webbed feet paddling like crazy"
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