InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,346.56
(
-1.84%
)
US TECH 100
17,900.00
(
-2.65%
)
Dow Jones
39,737.26
(
-1.51%
)
Brent Oil
77.05
(
-0.39%
)
Bitcoin
58,372.25
(
-3.79%
)
Post# of 10144
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

kindama

Send PM Follow Ignore
Followers 9
Posts 602
Boards Moderated 1
Alias Born 07/31/2013

kindama

Re: tbirdman post# 7466

Wednesday, 03/12/2014 9:15:24 AM

Wednesday, March 12, 2014 9:15:24 AM

Post# of 10144
Re: UTSI

Mostly, I don't like this. The only good part is that the company's largest shareholder (with a board seat) wants to own more stock.
But I don't see any financial benefit to the company or other shareholders. The company repurchased a significant % of its own shares through a tender offer at $3.60. Then Shah offered to buy the company for $3.20. Now the company is issuing new shares to Shah at $2.67?
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

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.

Sign Up