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re: Share price in freefall

Posted on 9/16/14 at 10:21 am to
Posted by TN Bhoy
San Antonio, TX
Member since Apr 2010
60589 posts
Posted on 9/16/14 at 10:21 am to
quote:

most will want to know the ticker for the company.





RFC. Rangers Int


Context: They just had a share issue end last week.
This post was edited on 9/16/14 at 10:23 am
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 9/16/14 at 10:23 am to
quote:

RFC. Rangers Int


Knowing nothing about soccer or Rangers, I am sticking with my original answer, people are selling.

ETA: Was the share issue an IPO? Or were they issuing more shares to raise capital? I know MANU went public not too long ago. If they issued shares to raise money, most investors view that as a sign of weakness.
This post was edited on 9/16/14 at 10:26 am
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