Petc
Spikefader,
I thought I'd throw this on your plate since you like to ride sliding stocks. PETC has just announced a 7 million share offering. The company will not profit 1 cent from this new offering. They are doing it to allow two insiders to dump their stocks. [There is no 'good ole boy' network in this company]. Furthermore, they have a new director. His last job was CEO of KMART. When he left the KMART, he was allowed to take $90 million worth of stock with him.
This company sounds a little like they have been getting financial advice from the good folks over at BEL. Maybe IAMORION can ride this thing down like he did ESMC. You are starting at $35.77.
Spikefader,
I thought I'd throw this on your plate since you like to ride sliding stocks. PETC has just announced a 7 million share offering. The company will not profit 1 cent from this new offering. They are doing it to allow two insiders to dump their stocks. [There is no 'good ole boy' network in this company]. Furthermore, they have a new director. His last job was CEO of KMART. When he left the KMART, he was allowed to take $90 million worth of stock with him.
This company sounds a little like they have been getting financial advice from the good folks over at BEL. Maybe IAMORION can ride this thing down like he did ESMC. You are starting at $35.77.
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