Madoff and Spin Offs?
What in the world could Bernard Madoff have to do with stock spin offs you ask? Very good question. Actually, Madoff has very little to do with spin-offs except that he is the current poster boy for due diligence.
Due diligence in spinoff investing is the difference between winning and also-ran. While as a group spin-offs do better than the market as a whole, each is an individual with its own characteristics, potentials, reasons, and risks. They are not all done to make you and me money!
For an article on exactly what the Madoff ripoff has to say to us spin off investors, click here.
Labels: due diligence, Madoff, ripoff, spin-off stock

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