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Titan Machinery, Inc. Message Board

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  • froddoislost froddoislost May 6, 2008 7:17 AM Flag

    Why are they cash hungry, if they are doing so well??

    If a company were highly leveraged, a secondary would be a way to correct that.

    And obviously for this company the secondary is to fund further acquisitions.

    But anybody who thinks the secondary will improve the stock price is fooling themselves.

    This is sunk for a while.

    F.B.

 
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