Miss Gulfport Energy's $38 Offering But Think It's A Steal At $37.50?

Looking back to 140 days ago, Gulfport Energy Corp. (NASD: GPOR) priced a 7,750,000 share secondary stock offering at $38.00 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 25% higher than the offering price.