SI
SI
discoversearch

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.
Microcap & Penny Stocks : Ugly Ducklings- DD of the obscure and out of favor
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Liu who wrote (18)7/21/1998 12:24:00 PM
From: Johnny Ro   of 102
 
Convertibles can be an ugly thing. The reality of them is that depending on the type and stipulations attached they can be converted into common shares which dilutes the share pool and can hurt the ability of the stock to perform. Sometimes as with Rule 144 shares a sell off to recoup investments can cause a general sell off as what happened with AVRI (or that's the story IR told me). One thing to check on again, is the strike price or expiration date for the converting the preferred to common. If there is time and the stock is doing well at strike or expiration then there should not be too much to be worried about IMHO. If the opposite is happening, then this stock could be succeptible to a per share price drop.

Hope that helps.

Johnny Ro
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News