Floorless Preferred Stock/Debenture 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 : Floorless Preferred Stock/Debenture

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (200)	12/5/1998 11:51:00 PM
From: zonkie	Read Replies (1) of 1438

Zeev, are these debentures always filed on a form S-3? Aren't they sometimes filed on S-8's and other forms? Tasa filed this ( edgar-online.com ) on a form 13-D and Bob Davis examined it and said it looked like it wasn't a bad deal for the company. I have become very leery of any form of a private placement as I know what they can do to a company even when the company thinks they are doing something in the best interests of the shareholders. If you aren't too busy would you mind skimming over the above listed URL and tell me if you see anything that you think would be a red flag. I may buy some TASA stock but as of now I am still undecided. I saw one debenture in a company that I was thinking of buying stock in where the people loaning the company money ended up with 72% of the outstanding shares after 1 year and had driven the price from over $7 to below 50¢ if I remember right. Isn't it true that sometimes it is a good time to buy after all of the preferred has been redeemed? I mean after they have shorted it down as far as they can and cover their shorts doesn't the stock most generally rise in price till the next time? Thanks. z.............

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next