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BillyG, absolutely correct, that's why I termed it a "protective" filing. If something were to happen in the market, or Kubota had a desperate need for $25 million (not likely), Kubota could not sell until it made such a filing, which takes time (and I'm not sure whether it can be done only once per quarter? - I'm too lazy to look at the rule). So being a smart company, Kubota plans ahead for emergencies by filing, and has the ABILITY to sell the stock IF it needed to ...
btw (off topic), I wish you had called, e-mailed, or visited and persuaded me to buy RMBS 20-30 points ago ... (not your job, of course, but I would have appreciated it -- congrats on the nice profit for you so far) |
