InvestorsHub Logo
Followers 126
Posts 28971
Boards Moderated 0
Alias Born 01/21/2006

Re: Rich Day Trader post# 11744

Thursday, 06/23/2016 12:28:48 PM

Thursday, June 23, 2016 12:28:48 PM

Post# of 24366
Not even close. It will continue until they ruin the company and likely take it private. Just an opinion and one first put forth by another poster. I didn't want to believe it at first but now it seems pretty clear.

According to ptcgolf there are convertibles out that amount to over $1 million that come due or are convertible this fall. Authorized shares are 1 billion. Shares out about 150 million (or was) but it seems there aren't enough to handle all the convertibles. I haven't done the math myself but don't need to to see where it's going. Keep in mind it was 4 cents only a month or more ago.

"Maybe you're better off, uh, not having the sugery, but taking, uh, the pain killer."
Barack Obama