Search This Blog

Thursday, May 31, 2012

#399: Hershey's Air Delight

I'm appalled that this company would dare to advertise this product as something good, when in fact it's just a scam to reduce the amount of chocolate they use in the bar.  Already they have for years shrunk bars and skimped on chocolate of their candy bars by reducing the amount of coating and now they are trying to pass this thing off as a good thing?  Terrible.  Severity: 4

Saturday, May 05, 2012

#398: IPO Low-ball Pricing

I hate when companies price their IPO lower than they could get on the market, just so they can have the "glory" of a big first day pop in the market.  The stupid thing is that the main point of the IPO is to raise money for the organization and pricing the shares lower than they could get just enriches their friend who buy at the lower price and then immediately sell.  Of course, the fat cat insiders don't care since they have their shares already and they are locked up for a while.  A first-day pop should be seen as a failure in that the company did not get all the funds it could have gotten.  The recent lowering of the IPO for the Carlyle Group is what get me going on this one (even though in this case, looks like they made the right decision to lower the price, but it's a common practice.  Severity: 2

Thursday, May 03, 2012

#397: Dumb Breitling Commercial

This dumb ad is on every day on during the morning Bloomberg market show and I can't stand it.  So stupid.  I hate the music and the story is foolish.  Seems to have been made for a foreign audience maybe.  Or maybe some sub-class of airplane enthusiasts.  Severity: 3