Replies to post #3358 on S&P 500 & Nasdaq Analysis and Trends

[3xBuBu]

NGEN sold 6.8 million of its common shares to institutional investors at $2.94 each, plus 1 million warrants exercisable at $4 each for five years. Nanogen will receive $18.9 million from the sale, after deducting fees and expenses. The sale is expected to close on or about today, and the company plans to use the proceeds for capital, acquisitions and other general corporate purposes

[Stock]

I have to post this -- don't know if it can do it again, but I picked up a few just in case it does:

A better entry might be in the 2.87 area, but again, I am impatient

http://www.investorshub.com/boards/read_msg.asp?message_id=8405865