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Strategies & Market Trends : Three Amigos Stock Thread

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To: Razorbak who wrote (13666)2/5/1999 11:47:00 PM
From: Ken W  Read Replies (2) of 29382
 
Razorback,

KNIC: 7 million in convert. floorless debt>

Okay, we get it you are short the stock. If there were 7 million in convert. debt (floorless) how is it that there is 20 million shares o/s and 10 millin in the float? I don't mean to argue as you are, no doubt, much more versed in this sort thing than I.

Just seems that if there were floorless selling for the last 6 to 7 months, would'nt the float or o/s be MUCH larger?

I do not own this stock or have a short position in KNIC, but my friend Joe does.

How is REXI doing?

Ken
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