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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (420)6/2/1999 3:26:00 AM
From: RockyBalboa  Respond to of 1438
 
Based on the size of the new financing (9M) hence the amound of stock to be sold, I am already careful on such high volume days accompanied or preceeded by lukewarm news (like the May 27th japan news)...

Doji? Looks like they put a fork into it. The financing is quite an expansion of the Market Cap (15%).

Sure, the dilution was way smaller, had the stock a run to $4, 5, and the average market price was in that range.



To: Zeev Hed who wrote (420)6/3/1999 6:07:00 PM
From: RockyBalboa  Respond to of 1438
 
And headed back to where it came from in no time. The volume was enough to sell a nice part of the stock which will result from conversion. <VRGN>