It’s always exciting when a new stock comes public. Well, maybe “exciting” is a little too strong a word, lets just say that it’s interesting. When the mood of the markets turns bearish and the global economy is going over a cliff, initial public offerings dry up quickly. After all, nobody wants to put a big chunk of their company up for sale when buyers are running for the safety of government bonds. One of the bigger stories this week for those of us who follow emerging markets stocks is the public offering of Shanda Games (GAME), the new,...
