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Analog Devices, Inc. Message Board

  • carnut13 carnut13 Dec 24, 2013 10:10 AM Flag

    Christmas and XCO

    The last few days have been nice for me for Christmas. I loaded up another 4000 shares in the 4.80s, mostly so I would get more rights to buy shares at under $5 and I could sell some of the recent shares I bought for a quick profit and buy them back at a guaranteed $5 per share. The record day was December 19th for the offering. I have no idea why they kept it below $5 until then and now it is taking off, but I had a feeling something like that would happen. I just wish I hadn't bought my other 8000 shares in the $7s. I also don't know why the share prices goes up as soon as they start offering new shares to people. Seems counter-intuitive...
    Anyway. Merry Christmas to all....

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