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| BobbySeals |
Posted: Tue Sep 11, 2007 6:39 am Post subject: Shelf Registration ???? |
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 Investing Associate

Joined: 10 Oct 2006
  Posts: 24 This Month: 0 Location: World Traveler 3366.31 e$
Net worth: 6,187.96 Portfolio Value: 2,821.65 Monthly Return: -11.26% Trades this month: 0 Churn Rate: 0.00%Items
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What is a Shelf Registration??
For Instance......
Celsius Holdings, Inc. has filed a Shelf Registration in the amount of $21.54 mm
Is this Good or Bad??? |
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| Dave Rathbun |
Posted: Tue Sep 11, 2007 6:50 am Post subject: |
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 CFO

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It's a way to prepare for filing for a public offering without actually filing. I did a quick check on www.investopedia.com (which is a great place to look up terms if you are unsure what they mean) and got this description:
| Quote: | | Sometimes current market conditions are not favorable for a specific firm to issue a public offering. For example, suppose the housing market is heading toward a dramatic decline. In this case, it may not be a good time for a home builder to come out with its second offering, as many investors will be pessimistic about companies working in that sector. By using shelf registration, the firm can fulfill all registration-related procedures beforehand and go to market quickly when conditions become more favorable. |
So I don't consider it a bad thing at all. It means the company is planning for the future, and in these days of living from quarter to quarter that's a positive in my book.
Don't know anything about the company otherwise. |
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| bayeauxguy |
Posted: Tue Sep 11, 2007 7:37 am Post subject: |
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 Investing Sr. Associate

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| Great website you provided. I bookmarked. I'm sure it will come in handy for a noob like me. |
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| Dave Rathbun |
Posted: Tue Sep 11, 2007 7:55 am Post subject: |
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 CFO

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There are probably tons of posts on this site that link there. If you need a definition, or a short explanation of the rules, it's a great site. At one point they offered a trading simulator but it was not as close to reality as ours is, I think you could only trade once a day or something like that. I have no idea, haven't looked at that in a while, so I may be thinking of a different site altogether. |
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| BobbySeals |
Posted: Tue Sep 11, 2007 9:36 am Post subject: |
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 Investing Associate

Joined: 10 Oct 2006
  Posts: 24 This Month: 0 Location: World Traveler 3366.31 e$
Net worth: 6,187.96 Portfolio Value: 2,821.65 Monthly Return: -11.26% Trades this month: 0 Churn Rate: 0.00%Items
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