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Biotech / Medical : Avitar AVR:AMEX
AVR 4.533+5.2%Oct 31 3:59 PM EST

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To: SI Bob who wrote (57)10/3/2005 12:32:43 AM
From: Hawkmoon   of 58
 
The floorless convertibles were the biggest red flag for me. Those rarely turn out well. I have no doubt that the entities providing the funding are shorting the stock as we speak, knowing that they can cover with stock they'll receive, and the lower the price goes, the more stock they'll get, so the more they can short, ad infinitum. They're called "death spiral debs" for a reason.

Well said... What a loser of a stock..

Hawk
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