So the offering, which only increases the outstanding shares by a measly 2%, is at $875. The stock already fell that low today and will probably go there in the pre-market tomorrow morning as well. [Smart][Smart][Smart]
Just get it done and in no time it will be behind us and we can continue the uptrend which will be driven by soaring revenues in upcoming earnings reports. $SUPER MICRO COMPUTER INC(SMCI)$
The money is needed and its a good thing, obviously shorts spin it as a disaster, is a measly 2% increase to the float a disaster?
Therefore, the 2 million offering is good for the company, driving the price up![Cool][Cool][Cool]
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