Dmrj makes ZERO on a converted share. It's an unrealized gain. They have to then sell the share into the market to make their money then it is a realized gain. Technically? Shareholders have the 'ability' theoretically to flood the ask with shares to stymie dmrj's sales of converts. And that means lower and lower. If I had a 20-30M stack of shares?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.