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Biotech / Medical : Avitar AVR:AMEX -- Ignore unavailable to you. Want to Upgrade?

To: SI Bob who wrote (57)10/3/2005 12:32:43 AM
From: Hawkmoon  Respond to of 58
 
The floorless convertibles were the biggest red flag for me. Those rarely turn out well. I have no doubt that the entities providing the funding are shorting the stock as we speak, knowing that they can cover with stock they'll receive, and the lower the price goes, the more stock they'll get, so the more they can short, ad infinitum. They're called "death spiral debs" for a reason.

Well said... What a loser of a stock..

Hawk


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