I cant even keep track....they are everywhere, AMR, EPD, FSC, PALM, LINC and like 5 others..
One thing is for certain people did not sell stocks to buy these offerings.... what a market!!
A good piece of news hit one of my positions after the close, HOV is tendering for more of it's debt, the more they retire the better off my HOVNP is, it is a debt obligation afterall.
As far as the markets go, the S&P was down a whopping .34%, the bulls must be feeling bullet proof and I guess they should. REITS were weak today, tech was a mixed bag, darkmatter was thru the roof, powered primarily by AIG which was $8.49 in massive trading.
I cant make any sense of all this action, but I still feel like something big is afoot.
Have a good night
JB
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