Seeking Alpha

WisdomTree (WETF -5.9%) dives after non-executive chairman Michael Steinhardt and another early...

WisdomTree (WETF -5.9%) dives after non-executive chairman Michael Steinhardt and another early investor, RRE Ventures, register to sell nearly 30M shares (nearly 25% of the float). The sale (not yet done) would lower RRE's stake in the company down to 0 and Steinhardt's from 25.1% to 15.9%. (S-3)
Comments (1)
  • nitemike
    , contributor
    Comments (6) | Send Message
     
    looks like a buying opportunity to me. Would like to know why the sale but Alpha's last news (Wisdomtree's 20% Plus Growth Rate Makes It A Wise Investment) is still valid for me.
    22 Oct 2012, 01:53 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|