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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Travis McGee who wrote (8625)6/17/1999 1:07:00 PM
From: JD  Respond to of 108040
 
The down slide on ACTB is probably the result of "floorless convertible" financing. Need to find some way of making a guess as to when all the converts are done. Once the holders convert they try to hype the price up so they can grab profit both on their short and on the bounce off the bottom. Hard to figure timing on non-reporting stocks. Maybe the guys/gals here could help: Subject 19082

Good Luck, Jerry