Wednesday, August 5, 2009

Oshkosh Secondary Spanks Shares Further (OSK)

Oshkosh Corporation (NYSE: OSK) is using past strength to unload shares of stock.  The company said it will sell 13,000,000 shares of common have to move a portion of the term loan borrowings under its credit agreement.  Shares winking downbound over 5% at $30.42 in regular trading and we show trading downbound another 5% at $28.82 after the inform and the 52-week range is $3.85 to $32.63.  We have seen some 68,446 shares trade since the 4:00 PM Closing Bell. (4:26 PM EST)

-JON OGG


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