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Message Boards Settings Overland Data, Inc. (OVRL) - Quote Info
Re: today's close     30-Oct-09 10:11 pm    
"Overland traded about 200,000 shares at day's end, closing at the day's high price. I believe it is in recognition of the fact that the money raised by the sale of stock yesterday will assure Overland the funds needed to pursue what appears to be a successful strategy."

Ya, right. Selling 5M shares to obtain $3M in cash shows how desperate this company is to pay its bills. I have never heard of a company doing an offering for such a small amount of money, unless they are desperate. By the way, what percentage does the underwriter charge for this? 5% - 10%? Wasn't a good deal, IMO.


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makemem0ney

28/Male
San Diego


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Overland traded about 200,000 shares at day's end, clos...
midnite_100... Rate it 30-Oct-09 04:39 pm  
 
Re: today's close
makemem0ney Not rated 30-Oct-09 10:11 pm  
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Overland Storage Inc. (OVRL)

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On Dec 8: 0.65 0.00 (0.00%)
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