How is TPII and its financial situation different than Alydaar's a year ago. REg S shares etc.
Good point. When ALYD did a Reg -S last April, the stock tanked by about 50%. When they did their last Reg -S in September, the stock tanked again, this time by about 40%. And this despite contracts with McDonnell Douglas, 3M, Dupont, Nabisco, etc.
The point is, just about every stock that does a Reg -S tanks. And convertible debentures is the worst of the worst as it provides a huge incentive for the holder to short the stock down as low as they can to get more shares. After all that they still have to dump to make money, a double whammy.
When ALYD did its last Reg S, I made all the same rationalizations people here are making about how the market will absorb it, etc. I think it's a natural thing to do. Confirm it yourself by checking out some threads here on SI of stocks that did Reg S's. Then look at the charts. For example, ask (former) SYCR stockholders about Reg S deals.
Lastly, yes, I'm well aware that I'm personna non grata on this thread for past things I've said about TPII. So be it. But, hey, I've followed this stock from the very first days it was "talked up" on SI and sometimes I just can't help myself (g).
- Jeff |
