Floorless Preferred Stock/Debenture 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 : Floorless Preferred Stock/Debenture

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gerald Walls who wrote (741)	7/19/1999 9:29:00 PM
From: Zeev Hed	Read Replies (1) of 1438

Gerald, I have not read the document, but if there is a floor, then this floor will serve as a natural support. Is their a ceiling? Often in situations like that the convertible holders will short above the ceiling and then cover when it come back down toward the ceiling. There is also a question of how much dilution can occur with the convertible, if the issue is large relative to the market capitalization of the company, then the impact will be greater. If the issue is relatively small, the impact will be minimal, IMHO. Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next