$PLX Shelf Registration Confusion Creates Entry Opportunity
publication date: Jan 11, 2011
Shares of $PLX dived down on Monday, as panic caused shares to drop 12%. The news causing this was the filing of a $150M "Shelf" or registration, authorizing that "We may, from time to time, offer to sell shares of our common stock. The aggregate public offering price of the securities that we may offer through this prospectus will be up to $150,000,000."