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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: WW.com who wrote (6995)1/28/1999 8:01:00 PM
From: xcr600  Read Replies (1) of 122087
 
Folks aren't going to hedge their shares through a short transaction at $8 if the
stock is going higher.


There is no gaurantee of the stock going higher. By shorting the hell out of the stock, there is a 100% gaurantee of driving it down. Like Christian said, this is riskless arbitrage for the convert holders. Something you will soon learn.

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