No surprise the market acted poor this week
The relentless cram down of IPOs has come to a screeching halt as 4 of the 8 deals to price Thursday night got postponed. The insane valuations many Internet stocks traded at and still trade at got…
Harvey Sax’s blog now lives here on insomniachedge.com/blog/.
Please note that “The insomniac hedge fund guy” is a moniker Harvey Sax, the portfolio manager for The Insiders Fund has used from time to time on email, blog, and social media posts. While Mr. Sax is the portfolio manager of The Insiders Fund, these posts are not communications from, nor endorsed by, Alpha Wealth Funds, LLC or any of its managed funds. References to Alpha Wealth Funds or its affiliates are for identification only and do not imply sponsorship or approval.