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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (38644)7/30/2010 1:30:07 AM
From: Madharry  Read Replies (1) of 78702
 
gfre dropped after hours as they filed $120 million mixed shelf offering. Seems kind of strange to me as there were no amounts rates or dates specified. I guess they only cost to them was a $9,000 sec filing fee so far. Perhaps they are negotiating with some big funds to get more financing so they can continue their acquisition spree? Im not crazy about the dillution but i suppose a preffered issuance coupled with warrants would not be so bad.
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