😬Smile Direct Club Inc. is Out of Alignment😬
The company has a severe case of busted convertitis.
How are all those “Opportunistic IPOs” we’ve talked about doing? Not. Well. Not well at all. This is an absolute bloodbath:
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 …