Miss HTWR's $86.45 Offering But Think It's A Steal At $85?

Looking back to 112 days ago, Heartware International Inc (NASD: HTWR) priced a 1,500,000 share secondary stock offering at $86.45 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 Wednesday, the stock is now 10.3% higher than the offering price.