Shorting stocks: Broken stocks - Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Q. who wrote (1027)	5/8/1998 4:49:00 PM
From: Alan Lee	Read Replies (1) of 2506

HEPH - Not sure if this company has been mentioned on this thread before, but check out this statement from the news release on their latest round of financing. Sounds like there is no limit on the conversion of the preferred stock after the first 7 months. The stock price is around 15 now. The sentiment on the HEPH thread is definitely bearish on this company. << An aggregate of 1,007,538 Common Shares, $4 million principal amount of Convertible Preferred Stock, and Warrants to purchase 963,808 shares of Common Stock at $17.00 per share were issued in the financing. The Convertible Preferred Stock has an initial conversion price of $20.30 for the first seven months, after which it can be adjusted, either up or down, based on the future stock prices of the Company's Common Stock.>>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next