Miss MDCO's $30.25 Offering But Think It's A Deal At $28?

Looking back to 30 days ago, Medicines Co (NASD: MDCO) priced a 5,785,123 share secondary stock offering at $30.25 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 Thursday, the stock is now 10% higher than the offering price.