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Piper Jaffray Companies Message Board

  • anchorman035 anchorman035 Jun 26, 2009 3:48 PM Flag

    PJPOS

    This POS has no earnings power. There have been 80+ equity offerings this quarter and PJC has been lead underwriter on 1 and a lowly co-manager on a whopping 3. The company is propping its own stock price up to absurd levels as a means to lure bankers from other legitimate shops without too much share dilution. It can only go on for so long...

 
PJC
50.71+0.26(+0.52%)May 1 4:02 PMEDT