Why would Corvex sell short the stock now only to buy the stock back later for a "potential takeover"?
SANTA BARBARA, Calif., Sept. 18, 2015 (GLOBE NEWSWIRE) -- Sientra, Inc. (SIEN), a medical aesthetics company, today announced the pricing of its follow-on public offering of 3,000,000 shares of its common stock at a price to the public of $22.00 per share.
REM trades at the net asset value of the underlying shares it holds. That is currently $10.34 per share compared to your $5.00 - $7.00 "nose dive" value.
American Capital, Ltd. (ACAS) After Hours Trading
$12.9271 - 0.0229 -0.18%
Get ACAS Alerts *Delayed - data as of 08/05/2015 16:02 -
All we need is 3 new management employees to add to the already bloated payroll:
"BETHESDA, Md., Aug. 5, 2015 /PRNewswire/ -- American Capital, Ltd. (ACAS) (the "Company") announced today that the American Capital Real Estate Finance Group ("ACRF") has expanded its investment team with three new members:"
"The Sale was a POSITIVE for investors"
Not much of a positive for this shareholder with shares now trading at $7.00 after a 5 million secondary offering for existing shareholders selling at $10.00 -- no money goes to the company. I fail to see the "POSITIVE for investors" you refer to. I'm waiting for the positive news.
Here is the estimate: "Arlington Asset Investment Corp AI $1.30 After Market Close".
. Assuming no reduction in book value, 1.30 would be god news.