You can't make this stuff up. Originally reports said the IPO would be filed at the end of last week. Then the CEO announces his departure the day before, and the IPO was delayed to this week.
Now reports indicate it's been delayed again.
One can only hope the delay, if true, is in order to make more shares available to the public at large. If this is the case (although it's ALL speculation) then they're to be commended because frankly every American taxpayer should, in principle, have the chance to purchase shares at the initial offering price. If not they're literally flushing money down the drain, because this type of thing destroys investor sentiment. I was thinking that declaring management "not ready for prime time" may have been overly harsh, but now, assuming reports are accurate, well...
http://www.cnbc.com/id/38746289