Miss BERY's $21.63 Secondary But Think It's A Steal At $20?

Looking back to 5 days ago, Berry Plastics Group Inc (NYSE: BERY) priced a 15,000,000 share secondary stock offering at $21.63 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 6.1% above the offering price.