‘s Really Broken..
Last week saw the disaster of epic proportion that was BATS debut into the market with their IPO (seen here). As a result, BATS retracted their offering with the intentions of regrouping. However, this incident left a whole host of skeptics who would never trust an exchange operator that couldn’t handle their own IPO. No doubt, BATS’ valuation will be adjusted when they are ready to bring the IPO back to the table.. But will this be a discount opportunity on essentially the same stock? According to founder Dave Cummings (who no longer works for BATS but is still and investor) … Read more