Flickerful, I read the post you suggested re: BARR, in addition to most of the others for Jul/Aug/Sep.
If Sparky's factual evidence is true, then I would agree with Sparky's conclusion that some degree of manipulation is going on in relation to the secondary offering's expected price. I guess that's an underwriter's unspoken perogative. But I don't see anything that activates my patented Shills 'n Crooks Alert Module (SCAM).
Qualifying that statement, I'm the wrong guy to ask about the inner details of market mechanics. I pick my companies based on my opinionated common sense regarding the quality of their products, their marketing savvy, and the degree to which their business smarts agree with mine. I'm sure my ramblings expose my lack of knowledge re: trades, traders, and the guts of the market. But it doesn't keep me from making good choices, and that is all I care about -- NICEY in January, IOM in April, ADPT in May speak for themselves.
I did, in fact, take a quick look at BARR's statements and filings. If I had any money right now, BARR looks like a company worth more DD effort on my part. Walking by the restaurant, they look good, smell good, could be worth a walk-in to really investigate the menu, but I'm too broke for the meal so I have to pass.
I'm not sure if I answered your question about BARR, but I've interpreted your query, "what's my take on this post" as encompassing the above.
-MrB |