SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : RENEGADE TRADER'S INVESTMENT FORUM
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: michael j. brown who wrote (90)9/25/1998 5:42:00 PM
From: NASDBULL  Read Replies (1) of 1764
 
What I can't get over is the fact that QFAB did a secondary last month for 3,000,000 shares at $13. One of their directors purchased several thousand shares around this price at the end of august. They used the procedes to pay down their line of credit to $0, credit line is 70 million.

Now look. They can buy back the 3,000,000 shares for only $5/share.

What a gift.

NASDBULL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News