Due Diligence - How to Investigate a Stock Message Board

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Strategies & Market Trends : Due Diligence - How to Investigate a Stock

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To: Razorbak who wrote (248)	4/25/1999 2:00:00 AM
From: Nazbuster	Read Replies (1) of 752

Razorback, in the case of RRRR, would you expect CVI to let the price of RRRR run as high as possible before July 28th (the date they are eligible to convert at $2.49) and then to start their shorting in order to push the price down to $2.49 for their conversion? Or, assuming the stock has run up by July, would they just convert at $5.27 while the stock was at a premium price? P.S. This is all too new and confusing to me...

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