Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: Gerald Walls who wrote (945)	9/4/1999 2:46:00 AM
From: Larry Brubaker	Read Replies (1) of 1438

<<This one isn't floorless until February>> Gerald, I've noticed several examples in which companies with "delayed reaction" floorless shoot up quite a bit during the period between the time the deal is signed and the time the floorless conversion kicks in. Gives the bandits a nice price to place their hedge. This would seem to be the most opportune time to climb aboard the bandits' coat tails. When does the AND floorless conversion kick in?

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