Thursday, November 30, 2006

Wireless Ronin somehow completes IPO

I don't know who first said that there's a sucker born every minute, but apparently there are still a whole bunch of them around, and they've learned how to invest in the stock market. That's right, Wireless Ronin completed an IPO, as the guys at the sixteen:nine weblog were sharp enough to notice. I still stand by my original ramblings on the matter: $3 going out for every $1 earned does not a good business model make.

Stock symbol (for your enjoyment): RNIN

Links to the rest of the posts in this saga:
Wireless Ronin updates SEC filings in preparation for going public via IPO
Digital signage company Wireless Ronin getting ready for a mini-IPO?

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