The fact the placement went so well is a sign of strength for that company.
More Quotes from Lex Werkheim:
I would say that this is definitely consolidation. I was very pleased with the productivity numbers and had hoped for a follow through today.Lex Werkheim
After a bit of a recovery, the market is in a wait-and-see mode again. There is the usual window-dressing ahead of quarter-end,
Lex Werkheim
The oil price has had its most severe drop in years. Meanwhile people are starting to wonder if this quick war scenario we are all anticipating is realistic, so we are seeing huge swings between asset classes.
Lex Werkheim
There is money out there which wants to invest in growth. Clearly a lot of people are seeing a healthy environment ahead.
Lex Werkheim
A month ago, with the figures Deutsche Bank reported today, its stock would have been down about nine or 10 percent.
Lex Werkheim
The way the bad news from Deutsche has been handled by the market shows we're not in bad shape right now. There seems to be sentiment change with the market looking at the good news,
Lex Werkheim
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