Thursday, June 12, 2008 8:13:13 PM
i have been in stocks where an increase in float through a PP was seen as good thing, usually the money was needed to finance major expansion and the company now having the funds was seen as a positive. IF HFBV is selling through the mm's like many suspect then IMHO no, it is never a good thing as the shares are out there competing for buyers and slows down any gains, also PP's usually have time restrictions on them. it also tells alot about how the company stands when they can't find any investors willing to buy into a PP.
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