<lol> looks like some were pissed at the $62 /share price Janus bought at..(from Jan.) ""A big fund or fund company can get stock at a discount to what everybody else does. This is probably the most blatant example of a fund company using muscle to get a deal," says Ferris.
Deals like this generally shut out small fund companies, but they're good for giant funds' investors. Otherwise, how else would they get to play hardball on Wall Street?
Janus' $930 million investment works out to $62 per share, a nice discount off Wednesday's 66 5/16 closing price. The stock shot up in premarket trading Thursday and held onto its gains during regular hours -- selling for 70 1/2 at midday, up 6.3% on the day." thestreet.com 8" of new champagne powder and still snowing..off to work... Plenty of snow here now,,2 1/2' on the ground,,it's ashame many skiers probably can't make it here due to the weather...another disappointment for SKI,,,this company is going down the tubes..check out the Moody's report ,these guys can't win for losing<g> biz.yahoo.com Maybe an EXSO-SKI merger,,EXSO can recycle the trash-SKI management<g>
|