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Re: rachelsdaddy post# 103583

Thursday, 02/11/2016 1:17:00 PM

Thursday, February 11, 2016 1:17:00 PM

Post# of 223876

A guy named Pedro told me FREE's OS is 750 million. This after a R/S last Mo



And that is a good example of why you should NEVER put a penny in a stock that has issued toxic death spiral convertibles. They are called "toxic" for a reason - they kill every company that issues them.

SEC filings are your friend. Always look there first to see if a Company is a toxic death spiral issuer. If they are, you don't need to do any more DD on the Company. That is all you need to know that it is not an investment worth making. It should not take more than 60 seconds to go to EDGAR, look up the Company, call up the most recent 10-Q or 10-K filing, and quickly scan the financial statements to see if there are toxic death spiral convertibles issued. That is 1 minute out of your life that could save you thousands of dollars (that beats GEICO any day).

And if the Company is not an SEC registrant or filer, than it is even easier. It is not a worthy investment under any circumstances.
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