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SS&C Technologies Holdings, Inc. Message Board

  • deadyellowdaisies deadyellowdaisies Jul 1, 2004 5:59 PM Flag

    Wither the stock price?

    This board has nothing but frufru on it. The stock price looks volatile, and nobody has opinions on which way it's going? Is this just an incorporated money purse for the insiders?

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    • I'll take a guess. I think it's still in a downtrend. It's hard to say though because it seems like it is very easily manipulated. I'm still bothered that someone seemed to know that the secondary offering was going to be at $19.50 before the general public knew. If you look at the trading on June 3rd, it was heavier than it had been in months with a big price dip. After the market closed on June 3rd they came out with the offering price of $19.50. The close price on June 2nd was $22.67.

      • 1 Reply to socalscorpio3
      • Equally interesting is the June '04 initiate stock coverage by 2 of the
        4 co-managers of their recent secondary.

        They nearly doubled their balance sheet with the secondary which
        was already ladened with Cash and equivalents.

        They're up to something, and it will be interesting to see it all unfold.

        They seem to have all the bases covered and now it's just a matter
        of letting it all play out.

        An important factor to remember for the skeptics is the founder
        and Chairman remains a major shareholder and is certainly no fool !

61.76-0.34(-0.55%)Apr 28 4:00 PMEDT