Looking back to 2 days ago, First Potomac Realty Trust (NYSE: FPO) priced a 6,500,000 share secondary stock offering at $14.70 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. In trading on Thursday, bargain hunters could buy shares of FPO and achieve a cost basis 2.9% cheaper than those buyers, with shares changing hands as low as $14.28 per share.
Looking back to 2 days ago, First Potomac Realty Trust (NYSE: FPO) priced a 6,500,000 share secondary stock offering at $14.70 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. In trading on Thursday, bargain hunters could buy shares of FPO and achieve a cost basis 2.9% cheaper than those buyers, with shares changing hands as low as $14.28 per share.
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