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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (38692)11/18/2010 12:57:09 PM
From: Paul Senior  Read Replies (1) of 78465
 
HEAT. I'll up my losing position as stock continues its abrupt fall.

Today's news:
"SmartHeat priced its 5 mln share common stock offering at $5/share"

Stock now at $5.04, down from yesterday's $5.65 which was down from prior days $6+ area.

finance.yahoo.com

Irritating to me that companies with lots of cash and little debt feel they have to raise even more cash by issuing more shares. Not such a good sign that they don't or can't use the debt market. (I can borrow money at very low rates, why these guys can't or won't, I don't know.)
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