Post by
tommygavin on Feb 04, 2013 1:55am
six dollar financing
you would think this stock would trade down to the 6 dollar level as per the financing.If your long ,you can sell for anything above the six ,buy the private placement and pocket the difference as well ,if timed right a tax loss as well.
Comment by
mensplus on Feb 06, 2013 2:57pm
I gather only some really big boys got to play it at the 6 dollar secondary...shorts did not get to play at that price,hence the quick snap back to 7 and a half...next big event is earnings feb 28th..