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ddutta

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ddutta

Re: la-tsla-fan post# 412186

Friday, 09/30/2016 3:10:45 PM

Friday, September 30, 2016 3:10:45 PM

Post# of 432572
la-idcc-fan, those are my thoughts also.

From this site that olddog967 gave:

http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?symbol=IDCC4344569&ticker=C648989

During September about $30 million of bonds have traded ranging from $114 to $122.

Unless the buyers are looking to convert, they all will loose money if they hold to maturity.

These $30 million bonds will convert to about 400,000 shares.

So these bond buyers are paying premium prices (over current market price), to accumulate whatever stock they can get their hands on.

JMHO
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Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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