Replies to post #104958 on Savvy Trades and Investments

[nelson1234]

BELFB Mixed Shelf I believe its just a renewal, done every three years.. same as most other public companies, of the last shelf from June of 2020. Last four were .. 5/10/23, 6/15/20, 6/12/17, and 3/19/14.

They did increase the amount from $140 million to $250 million, but that seems reasonable considering the stock price has quadrupled.

I mean who knows, they could always use it now.. just like they could before, for instance for an acquisition or whatever. And the stock may selloff some b/c of it. But I do think its just a normal renewal.

best.