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Microcap & Penny Stocks : Consoldated Capital Of North America (CDNO) -- Ignore unavailable to you. Want to Upgrade?

To: OLD JAKE JUSTUS who wrote (926)	12/4/1999 12:08:00 PM
From: Sprintcar	Read Replies (2) \| Respond to of 1078

Explanation of increase in OS, and depressed price, my theory Check this link out... dimgroup.com OS now 117M Now pay attention to this part: If the holders of the convertible debentures convert their debentures into stock this acts as an immediate dilution of the outstanding shares often at large multiples. While this factor is important to keep in mind an even more controversial question concerns whether the holder of convertible debentures sell short the shares of the company they hold the debentures in. A common opinion amongst anti Debentures is that the holders of these debentures sell the shares of the company short, helping drive down the price so they can convert their debentures into more shares. Logically such a move would seem practical as this would offer the debt holders a method to regain their capital and maximize their profits. However for holders of the stock this is not good news as the stock price is sure to fall. This is why I believe the price is being depressed at this time. I do not believe the mm's are as short as people think, they are just not that stupid. Once this stops this stock will head north and quickly... sprintcar