Schafer: Companies can do better than 'going dark'

  • Article by: LEE SCHAFER , Star Tribune
  • Updated: November 2, 2013 - 4:57 PM

Gran­ite City Food & Brew­er­y is the lat­est small pub­lic com­pany think­ing a­bout leav­ing its share­hold­ers in the dark.

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bobblumenfelNov. 2, 13 5:51 PM

So why don't investors dump their stock when they first get wind of their company's move to go dark? Seems to me it's better to sell while the selling's good rather than wait six months or so and find out nobody wants to buy. Is there a "black market" for corporate data that gives those in the know the data they need? And isn't that called "inside information?"

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honeybooNov. 3, 13 7:39 AM

Going public is the ruinaton of most companies. A mandate to grow, every quarter, even if it makes no sense.

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joe_mnNov. 3, 13 9:12 AM

So the company that bought zaremba paid 4x what it really was worth? So the new owners got screwed?

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dahutysNov. 3, 1311:23 AM

This isn't just about "right" or "wrong". This is something that could have a chilling effect on investment and economic development. If investment groups feel that this is a growing trend and aren't comfortable with it, they may be reluctant to put money into small companies. And if small companies have a harder time finding money to grow, the economy as a whole has a harder time growing.

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totaltruthNov. 3, 1312:24 PM

OK Lee....

Since you know so much about how businesses should operate... Are you going to prevent your own business from "going dark"??

Oh that's right... You do not own a business... It is just your job to tell other businesses how they should operate... Even though you have no experience yourself....

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