PF IPO

Any opinions?

About $0.5B @ $20/share, now $22.50. Lots of debt ($2.1B), only 30% float, 70% still owned by the possible crooks at Blackstone.

Still, who can resist Aunt Jemima?

I am up 10% on this in one week. At this rate, I am projecting I will make 3740% by the year-end.

What’s your investment case for the stock? Nothing stands out to me at first glance so just curious. What are you estimating IV at?