http://biz.yahoo.com/News released at about 8:15 et tonight about Wachovia to get a huge investment and in turn hand out $23-24 shares to the big investor group. Basically, Im trying to figure out how this could affect Wachovias share price
tomorrow. Are they technically losing money short term since they are awarding cheaper shares to the big investors? Will this lower their share price to the public? Any ideas?