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tbirdman

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tbirdman

Re: None

Wednesday, 11/17/2010 8:05:11 PM

Wednesday, November 17, 2010 8:05:11 PM

Post# of 94785
HEAT - SmartHeat Inc. (HEAT:$5.65,00$-0.05,00-0.88%) announced plans to sell at least five million shares, raising money for potential purposes including acquisitions. But the Chinese clean-technology company stressed that no potential candidate has been identified.
Shares fell 7.1% after-hours to $5.25. There are about 33 million shares outstanding, and they had slumped 61% this year through the close after more than doubling in 2009
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