out of 48 stocks I own, about 35 have made secondary offerings in the past 7 months. . .the scenerio is the same - price drops fast - one to two dollars, then price is back to pre-offering in about three to four weeks. . .so for those real investors out there, ho hum. . .for traders, it is a chance to make a little money. . .in any event, issuing more shares to pay down debt is always good in my opinion.
Patkerich - glad there are some other value investors out there - these boards are usually full of day traders. . .I am the original buy and hold guy - buy nice dividend stocks and hold for life (usually). Do you own APU also? I have been in that stock for 10 years. . .all in all great dividends.