Registered Direct Offering

Discussion in 'Stocks' started by NoEmotions, Oct 16, 2007.

  1. Today I read an article that

    "Aastrom Biosciences Plans Registered Direct Offering of 11.8 Million Units at $1.14 Per Unit"

    1) What is Direct Offering, If I plan on investing longer time frame in this company is it a good idea to buy this offer.
    2) How to I buy this offering. Can this be taken in IRA account.
    3) Is Direct offering considered good/ok/bad for the company.