InvestorsHub Logo
Followers 129
Posts 5087
Boards Moderated 1
Alias Born 04/10/2008

Re: Enterprising Investor post# 637

Tuesday, 03/13/2012 12:21:36 AM

Tuesday, March 13, 2012 12:21:36 AM

Post# of 656

All Legacy Shareholders had an opportunity to participate in the rights offering and buy shares at $20. Only 52.6 percent participated

In todays world of distressed and BK investing legacy shareholders usually get wiped out in deals...PCBC shareholders not only weren't wiped out they were given an excellent opportunity to prosper right along with a guy who just invested a half billion dollars. These are the kind of guys I wish more were like on Wall St.

"Who" is involved matters ...in any deal.

Learn something new every time you invest...and take it with you to the next opportunity.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.