Floorless Preferred Stock/Debenture Message Board

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Strategies & Market Trends : Floorless Preferred Stock/Debenture

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To: Zeev Hed who wrote (1001)	10/10/1999 11:54:00 PM
From: LLCF	Read Replies (1) of 1438

<often the ceiling is set above the market price, then the stock is shamelessly manipulated > I'm glad to run into someone who is as negative on the buyers of these things as I am.... being a 'derivatives' guy I can't imagine ANY owners of these things not being fully aware that they're whole 'edge' in buying one is in manipulation. They may have had an innocent beginning... but at this point, watch out. From what I know of this one these boys could steal a substantial part of the company... unreal... HOE has a stake here and still may not know what's about to happen. DAK

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