I am all in but for those of you not this is a good time to pick up shares. It is almost invariable that when a solid company has a secondary offering lots of folks panic and think it will be dilutional. However if the company is well run and profitable as this one is, IMHO, then the money will be shortly be put to good use and thus the SO is accretive. Of course if you don't think the company is well run and likely to be profitable going forward disregard the previous advice. One has to wonder why you are still on this board. Stocks I don't like I usually sell and stop posting about. GLL
Already owned but bought more when panic selling came in..As usual, folks run away from secondaries. In their case, the money is well spent and the unfortunate future is that cemeteries will OUTlive us all. Cash flow diehards rest easy as dividends appear as well covered as gravesites !! Semper Fi..
I'm watching this one for an entry price. The Summer months are upon us which means equities such as this one will likely take a hit. Also, when the offering has closed and underwriters sell their over allotment, the share price usually takes a dump at that time. I am looking to buy into STON twice, once at $23.00/share and another at $22.50 within the next 3 weeks. I'll see if any of these prices get hit; I suspect at least one of them will. GLTY.