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Re: jfmcrr post# 88296

Wednesday, 08/10/2016 8:13:24 PM

Wednesday, August 10, 2016 8:13:24 PM

Post# of 425940
yes, OR there is finally broader institutional demand and the company is happy to spread their shares around.

My immediate reaction to the offering was a negative with respect to the chances of a 60% interim stop, but I'm now thinking differently. I just don't see portfolio managers buying shares now if they think the big catalyst is 9 months away.
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