hit before they hit us with the rest of the prommised secondary offering.
I think we hit $7.50 last time. If people are expecting that number, they will sell out before it gets there. I'm thinking management will hit us with it around $7.00 to get it in there before the big drop. Last time we fell to around $5.00
Any thoughts or other insights about what might happen?
Why would anybody be talking about an offering at this point?
Do you follow the company? Do you follow the board?
AG has told us more than once that the DRIP is probably as much stock as the company wants to sell.
The CEO has said that he hopes to move the company from defensive to "growing" the dividend. That means he wants to stop buying notes with moeny from offerings and start making new deals to GROW the dividend.
Nobody in their right mind would sell as this stock hits a 52 week high with the only negative being some foolish argument for the company making another offering.
Now, back to the current run - are we at $6.77 yet?