Tuesday, June 9, 2009

Quiksilver (ZQK 2.98 -18%)

Quik getting crushed on near-term worries. The new financing arranged by the company is at 15% and gives rights to the lender to buy 20% of the company at $1.86, a very dilutive proposition. We're holding, now, but contemplating it's future. Read more on MSN Money

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