Anybody have an opinion about the likelihood of a secondary being announced shortly after the earnings report? It seems as though they're overdue for one and timing's always best right after a quarterly report....Thoughts?
Overdue! Some fund must have pulled the trigger yesterday!
You will get a K-1 form from the Company, have your accountant file the proper forms, the money you receive are not dives, they are distibutions since you are a part owner.
My thoughts are that management does not want to keep beating the stock down as it tries to break out and will instead utilize senior notes or a preferred offering to raise money.
Don't they have an ATM set up?