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Thursday, 04/27/2017 7:43:59 PM

Thursday, April 27, 2017 7:43:59 PM

Post# of 7747
According to conventional wisdom, a secondary offering is bad for existing shareholders. When a company makes a secondary offering, it's issuing more stock for sale, and that will bring down the price of the stock.
That's bad news, right? Not necessarily, said Jim Cramer.
Although the "Mad Money" host concedes that this logic of a secondary as bad news does make sense, he thinks it is an old fashioned way of viewing the market.

http://www.cnbc.com/2015/04/17/cramer-secondary-offerings-unexpected-sign-of-strength.html

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