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what happens???     30-Oct-09 01:32 pm    
What happens if when the offering takes place and the stock price is well below the $3.50 mark? I would think that if the number is below $3.50 it will be a difficult sale at best--I would think it would be a difficult sale anyway. A $330 million market cap for a company that will have a book value of close to $130 million?? A $330 million market cap for a compny that is losing $50 million a year? No wonder they will be paying a minimum of 13% for the money!! If they get everything done that they say, the book value should be in the $1.40 per share range. After a year of losses the price will be in the $.85 range--where do you sign up for this ass kicking? This is going to be interesting.
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scurlock134...

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Builders FirstSource, Inc. (BLDR)

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