StockPreacher.com issues Trading Overview for Select Comfort Corp.
The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, October 16, 2009 ) DALLAS, Texas - StockPreacher.com announces an investment report featuring bedding company Select Comfort Corp. (Nasdaq: SCSS).
The investment report on Select Comfort Corp. (Nasdaq: SCSS) should be of particular interest to other bedding companies: Sealy Corp. (NYSE: ZZ), Tempur Pedic International Inc. (NYSE: TPX), Furniture Brands International Inc. (NYSE: FBN) and Stanley Furniture Co. Inc. (Nasdaq: STLY).
The full report is available at: http://www.stockpreacher.com/n/SCSS
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/StockPreacher
Select Comfort Corp. (SCSS) develops, manufactures, markets and distributes adjustable-firmness beds and other sleep-related accessory products in the United States and Canada. It offers mattresses under the Sleep Number brand name. The Company also provides a line of accessory bedding products, including specialty pillows, mattress pads, comforters, sheets, bed foundations and leg options.
Message Board Search for SCSS: http://www.boardcentral.com/boards/NCS
In the report, the analyst notes:
“In September, SCSS entered into a new Securities Purchase Agreement with Sterling Partners. As part of the agreement, both companies mutually released claims relating to the original agreement. The Company agreed with Sterling Partners for an investment of $10 million through June 2010. Under the terms, Sterling Partners has the right to purchase 2.5 million shares at $4 a piece, and will receive warrants to buy 2 million shares at 1 cent each. With the close of the investment and exercise of the warrants, Sterling Partners will own about 8.9% of the Company's common stock.
“SCSS has filed a shelf registration statement with SEC to allow the Company to issue up to $50 million worth of registered equity securities. At such time the shelf registration statement is declared effective, the Company will have the ability to issue common stock, preferred stock, warrants to purchase common stock, subscription rights, or any combination of such securities. The Company can issue these securities at its discretion in one or more separate transactions with size, price and terms to be determined at the time of issuance.”
To read the entire report visit: http://www.stockpreacher.com/n/SCSS
See what investors are saying about these stocks at: http://www.stockhideout.com/
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.
The investment report on Select Comfort Corp. (Nasdaq: SCSS) should be of particular interest to other bedding companies: Sealy Corp. (NYSE: ZZ), Tempur Pedic International Inc. (NYSE: TPX), Furniture Brands International Inc. (NYSE: FBN) and Stanley Furniture Co. Inc. (Nasdaq: STLY).
The full report is available at: http://www.stockpreacher.com/n/SCSS
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/StockPreacher
Select Comfort Corp. (SCSS) develops, manufactures, markets and distributes adjustable-firmness beds and other sleep-related accessory products in the United States and Canada. It offers mattresses under the Sleep Number brand name. The Company also provides a line of accessory bedding products, including specialty pillows, mattress pads, comforters, sheets, bed foundations and leg options.
Message Board Search for SCSS: http://www.boardcentral.com/boards/NCS
In the report, the analyst notes:
“In September, SCSS entered into a new Securities Purchase Agreement with Sterling Partners. As part of the agreement, both companies mutually released claims relating to the original agreement. The Company agreed with Sterling Partners for an investment of $10 million through June 2010. Under the terms, Sterling Partners has the right to purchase 2.5 million shares at $4 a piece, and will receive warrants to buy 2 million shares at 1 cent each. With the close of the investment and exercise of the warrants, Sterling Partners will own about 8.9% of the Company's common stock.
“SCSS has filed a shelf registration statement with SEC to allow the Company to issue up to $50 million worth of registered equity securities. At such time the shelf registration statement is declared effective, the Company will have the ability to issue common stock, preferred stock, warrants to purchase common stock, subscription rights, or any combination of such securities. The Company can issue these securities at its discretion in one or more separate transactions with size, price and terms to be determined at the time of issuance.”
To read the entire report visit: http://www.stockpreacher.com/n/SCSS
See what investors are saying about these stocks at: http://www.stockhideout.com/
StockPreacher.com is a small-cap research and investment commentary provider. StockPreacher.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on StockPreacher, please visit: http://www.stockpreacher.com
StockPreacher.com Disclosure
StockPreacher.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. StockPreacher.com is a Web site wholly-owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, StockPreacher.com, for complete risks and disclosures.
Contact Information:
StockPreacher
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
StockPreacher
Jeff Bishop
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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