A Thought on Capital Market Power, Risk, Small Caps, and Large Caps
November 19th, 2009 by Paul
A few days ago I tweeted a question about whether a theory that less expensive stock trading contributed to fewer IPO’s holds water. The theory is that cheaper trading results in less revenue to fund analyst coverage of companies hoping to go public in the $50 million – $100 million range. In the 90s, a [...]
