Miss MX's $14.50 Offering But Think It's A Steal At $12.50?

Looking back to 140 days ago, MagnaChip Semiconductor Corp (NYSE: MX) priced a 5,000,000 share secondary stock offering at $14.50 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 Tuesday, the stock is now 15.5% above the offering price.