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Re: A deleted message

Monday, 03/05/2007 9:23:18 PM

Monday, March 05, 2007 9:23:18 PM

Post# of 8473
y3 nmaxx


there's no greenshoe, the offering is closed, read the last PR, it's done.

Also read my post about how the offering works. The IB sold 3 million shares and were net short 400K. If the price would have gone up they would have bought from the company at $12.85 or whatevfer. IF the stock is below $12.85 they just cover in the OM...no need to buy diretly from the company, in fact if the price is $11.00 or less why on earth is someone going to buy from the company at $12.85?/
they[re not, IOW

there's not going to be any mention of the greenshoe (overalottment)
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