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Strategies & Market Trends : Death Spiral Preferred Thread -- Ignore unavailable to you. Want to Upgrade?


To: Logistics who wrote (4)8/14/1998 10:33:00 AM
From: jjs64  Respond to of 47
 
It is very possible that the stock would lift after the convert holders are out of the way, but its important to know the conversion terms. You can usually find this information in an S-3 statement (but not always) and I do not think that Kaire Holdings is up-to-date in its filings.

best regards;
Joe



To: Logistics who wrote (4)8/14/1998 11:57:00 AM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 47
 
Have you read the S-3? Does the cvt have a 20% or so below market conversion mechansim?