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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Yamakita who wrote (1829)10/2/1998 8:09:00 AM
From: dumbmoney  Read Replies (1) | Respond to of 2506
 
So the six milsky will keep them alive for another quarter. How long will this wounded beast linger on?

I don't know, but this financing deal is extraordinarily favorable to TERA. The investors paid $10/share in a direct stock buy, which is above the current market price. That's pretty amazing, especially considering that TERA has done a floorless convertible in the past.