Today's news
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Crescendo, which is controlled by managing member Eric Rosenfeld, said the shares "were significantly undervalued and represented an attractive investment opportunity."
As I said just now, when I(you) see value, other people see it as well.
update:
their avg cost is $12.5, this well explained why URGI rebounced back from $12 three times (including today) already. Nice safety net.
2 comments:
nice article! what a pity that URGI has no options. Buying stocks is kind of costly. :) Anyway, I may load some @ 11.95-12.05 when I free my money from some old holdings, like JASO and PetroChina.
Rosenfeld做fixed income的，现在居然也做起equity来了。haha
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