Why these companies never go to their existing shareholders and give them insider deals is beyond me. 100 or 200 investors at 50k each would have done the same; instead ECTY goes to a cockroach NYC hedge fund #$%$ outfit, and screws us loyal retail over. Grrrrr.
gotta be, I figure, since they weren't a 10% owner prior to the 5.2 million share offering, but then have nearly 4 million shares reported on form 4 immediately thereafter. i just find it danged disappointing that ECTY would choose to deal with Hedge Fund filth rather than offer the same deal to more deserving investors.