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johny1

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johny1

Re: wallstreet1231 post# 33153

Tuesday, 07/15/2014 9:47:21 PM

Tuesday, July 15, 2014 9:47:21 PM

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One or two tick flips seem to be all this will be good for short term. The trillion preferred's will have to be bought back by the company for sure. I think the holders of those would have to be pretty stupid to convert right now. Not enough bid in the world to get all those sold. Not to mention the vulnerability to a necessary R/S. IMO
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