FNDR BUY! BUY! BUY!Posted: March 8, 2012
Fender Guitars announced today they are going public with a $200 million public offering. It will be a Nasdaq listing under the symbol FNDR. Now I can have a piece of one of my favorite companies. Potentially, if I buy some Fender stock and it does well it will be like getting money back on future Fender purchases, at least that’s how I’ll explain it to my wife when I buy a Custom Shop Telecaster. “But honey, our Fender stock went up 3 cents a share. Multiply that by our 10 shares and this guitar really only cost us $1999.70”.