Got this from Invest2Success blog.
1. ProLogis secondary offering 30 million common share
2. Proceeds will be used to repay debt from a bridge facility. Do note the word ‘bridge’. To my knowledge, these are short term loans to allow Prologis to buy time to raise more funds. I maybe wrong since I trade mostly based on the chart.
3. Growth is expected to slow down in areas where its assets are located.
Note: The chart has not exhibit any confirmation. I will be watching for a LONG PUT position.