Use Options For a Chance To Buy MIK at a 24% Discount

Looking back to 34 days ago, Michaels Companies Inc (MIK) priced a 18,800,000 share secondary stock offering at $23.52 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Wednesday, the stock is now 18.2% higher than the offering price..