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Senior Housing Properties (SNH) -2.8% to $23.96 as it ups the size of its secondary to 10M...

Senior Housing Properties (SNH) -2.8% to $23.96 as it ups the size of its secondary to 10M shares from 8M and prices the deal at $23.80. The offering will increase the size of the stock float by about 6%. (PR)
Comments (4)
  • bergemc
    , contributor
    Comment (1) | Send Message
     
    Nothing like diluting the shares for existing shareholders! We got caught in this fiasco.
    23 Jan 2013, 12:02 PM Reply Like
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    This is normal.

     

    Don't freak out.
    23 Jan 2013, 12:25 PM Reply Like
  • jmodrkrk
    , contributor
    Comments (94) | Send Message
     
    agree - i feel this might present a buying opportunity for a first leg. thoughts?
    23 Jan 2013, 05:54 PM Reply Like
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    I like the company, so if I needed more shares, I would buy on a post secondary dip.

     

    That's the game.

     

    For a health growing REIT, it's a good sign.
    24 Jan 2013, 01:18 PM Reply Like
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