View single post by Joe Kelley
 Posted: Wed Feb 14th, 2007 11:47 am
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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http://www.vanityfair.com/politics/features/2007/03/spyagency200703?printable=true&currentPage=all

In October of 2006, SAIC carried out a long-anticipated I.P.O., selling 86 million shares at $15 a share in its debut on the New York Stock Exchange, raising $1.2 billion. Reflecting investor bullishness, shares rose to $21 in a matter of days. Its prospects have never looked brighter.

 

Selling short