Investment Chat Board Lawsuits 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.

Pastimes : Investment Chat Board Lawsuits

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mmmary who wrote (1533)	5/10/2001 3:24:20 PM
From: Jeffrey S. Mitchell	Read Replies (1) of 12465

Mary, you were right on-target with your question about what companies who enter into toxic convertibles expect will happen to their share price as a result. If you could get x shares for every dollar you invested wouldn't you want the share price to be as low as possible so that x becomes as high as possible? Isn't taking a relentless short position one way to cave the share price? Isn't shorting legal? What it all comes down to is the contract entered into between the two parties. Does it specifically exclude shorting by the other party and any "related" parties? I put related in quotes because trying to, for example, tie "a" in Canada to "b" in the Caymans might be next to impossible to do from a legal standpoint. So, without any legal standing, it's not hard to see why Kernaghan and related entities have been successful in silencing their critics. - Jeff

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next