Companies that are in solid uptrends filing for secondary offerings, below market, are buys. We saw it two weeks ago with RLGY at $42 and GNRC today @ $37.
About a month ago, The Devil’s stock, CIMT, filed for a secondary in the low $5’s. Now look at it.
You don’t want to get in ahead of the secondary announcement of course. But if you get in after the dip, the way this market has been roaring, odds are you stand to make some easy coin.
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…”But if you get in after the dip, the way this market has been roaring, odds are you stand to make some easy coin.”
Fitting follow up to your last post’s header.
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question: would you try to fight the fed with TTT ( average cost around 15.70) or sell and look elsewhere
The 30yr has moved back to a 3.00 and king buffet called it a bad investment.
thanks
Is the Devil also known as Dennis Levine?
Old business adage: it’s better to go to the markets when you can raise capital, not when you need to raise capital.
After the bell announcement. $DDD could be a test case…..
And the test passed. Up 10% from its secondary offering drop this morning.