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DewDiligence

05/31/07 7:33 PM

#3942 RE: walldiver #3939

>If the company does not price their secondary ASAP, then they don't deserve to hit stat sig on the interim look.<

Agree. The whole point of having an active shelf registration is to pounce on pricing anomalies like this one.
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egomaniakos

05/31/07 7:41 PM

#3944 RE: walldiver #3939

Agree, they need to strike while the iron is hot.

Ego
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croumagnon

05/31/07 8:19 PM

#3947 RE: walldiver #3939

I still can not understand why DNDN did not price a secondary right after the panel meeting. It just does not make any sense whatsoever unless there was a conflict between them doing that and Gold selling his shares. If that was the reason then Gold deserves to be fired...

As for a secondary now, they better price it tonight because I doubt the stock will hold its gains past ASCO. In fact, I bought puts today because I am convinced we are heading lower and rather quickly. Today's gains were very strange on what I consider to be neutral to bad news...