Use Options For a Chance To Buy LPI at a 24% Discount
May 11, 2015 at 11:41 AM EDT
Looking back to 70 days ago, Laredo Petroleum, Inc (LPI) priced a 60,000,000 share secondary stock offering at $11.05 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Monday, the stock is now 19.8% higher than the offering price..