To announce this news: Tuesday it priced a public offering of 181.8 million shares of common stock at $5.50 per share
Thanks and I had seen that but didn't think it would have anything to do with the current share price.... Thanks!
1) They wanted a pause in their plunge to BK. 2) Adelson needed a few huffs on his repirator. 3) The Fed has decided to make them a bank.
Just keep offering common stock because this always works, how many companies are going to offer more common stock to the public, this is getting old....this too will eventually stop working.