Miss HK's $5.10 Offering But Think It's A Buy At $3?

Looking back to 4 days ago, Halcon Resources Corp (NYSE: HK) priced a 38,000,000 share secondary stock offering at $5.10 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 Monday, the stock is now 5.3% above the offering price.