GS well compensated to stabilize stock during public offering. Just remember when it is over and the green shoe, they will be dumping their 3.5 million shares to monetize their pay for this job. Feel bad for those who get sucked in.
Retay...care to take bets as to whether this new equity offering will raise the targeted $810M...or fall short? In a day or two, you'll be able to buy all the shares you want at $5 or $6...what's the attraction to the new equity offering? A turkey is still a turkey.
All bets are off on this company - - - I was a MU supporter until he pulled his krap of "We don't need any money" and the next day "We are asking for a Billion" - - - when management starts to lie, then I wonder - what else are they hiding - - - the only reason I can see for anyone to buy into those shares is to "play games" - try to force short covering - - - option plays - - - sell swaps, buy common, covered either way - - that type of thing - - - - BUT the absolute bottom line is NOTHING fundamental has changed for the better - - - - the piddly SSS increase(if they didn't lie about that) isn't enough to save the company - - if they try to string out the 2 billion all they'll do is force a total liquidation - - - I think GS is calling 100% of the shots at this time and will not let that happen - like I posted before they're probably getting daily/hourly cash/sales reports before management even see them - -