InvestorsHub Logo
Followers 23
Posts 2832
Boards Moderated 1
Alias Born 12/17/2009

Re: SmarTrader post# 1004

Friday, 04/27/2012 10:28:42 AM

Friday, April 27, 2012 10:28:42 AM

Post# of 68424
Only thing that matters is the price offered. Same thing happened to me a couple years ago with WaMu preferreds. It was a total low ball offer.

Edit: Many said at the time that it's a common thing to do for insiders so they can drum up attention in the stock then sell into it.