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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: Zeev Hed who wrote (809)8/13/1999 9:04:00 PM
From: redwood  Read Replies (2) of 1438
 
Zeev..re.wstl......if there are 4 mil shares involved an only 500 thousand more shorted from april to july...is it implied that because of this floorles financing deal there is a high probility that castle creek etc. will short another 3.5 to 4 million shares in the near future?....also.. the part about the price maybe rising to the 8-9.25 level..do castle creek etc. have any power to make it rise or do they just hope it does an then short?...any an all comments appreciated......redwood
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