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Thanks for the reply. I do hold a few shares; the stock initially looked attractive because it looked as though it was beginning some solid growth that would likely continue, and it has a low P/E compared to the rest of the industry (less than half). So I'm speculating that it's got great growth potential and is undervalued. It's debt ratio is a bit higher than the rest of the industry, so the stock sale looked like a good move to me, but I was (obviously) concerned about the effect it would have on the price of existing stock. In the news release it states that all the net proceeds will go directly to pay down debt, and none will go to the company. So holding on sounds good to me. :)
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