Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Gold/Mining/Energy : SunPower Announces Initial Public Offering SPWR -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (42)	5/1/2007 11:30:34 AM
From: Woody	Read Replies (2) \| Respond to of 196

I see your point but if it added to the existing float I see it as dilution. From the 8K .."On April 30, 2007, Cypress Semiconductor Corporation (NYSE: CY) sold 7,500,000 shares of SunPower Corporation's Class A common stock in a private offering to a private investor pursuant to Rule 144 of the Securities Act." Weather it is or not the market forces are acting like it is. Personally I would like SPWR to pull back to the low 50s so I can pick some up. Woody

To: Sr K who wrote (42)	5/1/2007 1:28:15 PM
From: Lizzie Tudor	Respond to of 196

that increases the "float" on yahoo finance, the same thing happened with Google on an insider sale which is basically what this is. But it doesn't change the tradeable float. I think there are a lot of funds that are growth funds that literally have to have new, hot companies on their books and when one of these comes out they have to buy in size. Google did a ton of this. Especially when the S&P 500 addition occurred for google, GOOG (the company- with insider shares) sold 5 million shares just for that transaction. Which means S&P contacted GOOG and said they needed some liquidity. I have no issues with this, it just means SPWR is a hot company.