Three Amigos Stock Thread 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 : Three Amigos Stock Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JoeinIowa who wrote (22447)	11/27/2000 11:45:25 PM
From: Sergio H	Read Replies (1) of 29382

Convertible bond holders often short the stock as a hedge on their investment, particularly when the stock is selling at a premium to their holdings. They're playing the divergence, similar to arbitrageurs in an upcoming merger situation. I am not familiar with the terms on the RDRT convertibles, but I am willing to bet that the premium has disappeared. Take a look at DRS. Shorts are going to dissappear when the warrants expire in April. Nice premium for a few months wait. Sergio

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next