Miss FIVE's $36 Secondary But Think It's A Buy At $35?

Looking back to 105 days ago, Five Below Inc (NASD: FIVE) priced a 6,000,000 share secondary stock offering at $36.00 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 Wednesday, the stock is now 20.2% above the offering price.