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Meta Financial Group, Inc. Message Board

  • footballfansareidiots footballfansareidiots Jun 20, 2013 6:52 PM Flag

    Good relative strength today.

    Market down 350. CASH up a penny near multi-year high. I'd say that sounds pretty positive, esp. considering they just announced an equity shelf for general purpose, which is usually not a good thing. The company did report that a few large shareholders would like to sell their stakes. Maybe the shelf funds will be used to buy back those shares. Why they want to sell is beyond my comprehension.

61.38+1.27(+2.11%)Sep 27 4:00 PMEDT