Convertible Hedge investors? 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 : Convertible Hedge investors?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: chevalier who wrote (33)	1/8/1998 1:37:00 PM
From: Scott Mc	Read Replies (1) of 107

Ari, I would be reluctant to enter into this situation for the following reasons. - trading well above par and will be called in 1 year . If you do try hedging it I would make sure that the hedge could be set up for approx 5% above the stock price(inc commission), my records dont show if this is an exchange traded debenture, I never buy non exchange traded debentures because the bid-ask is too large and I can't put a good till order in. Also I haven't checked the volume, so I would be concerned that this doesn't trade enough?? Try looking at the Trizac Haln 3.25, trades on the TSE (US$) and converts into Barrick, could be a posibility there. Ive gotten lazy on these hedges, the only one im running now is Air Canada, Eagle Hardware and Phycor so I can't make too many suggestions. Scott

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next