Thursday, October 20, 2016 1:37:18 AM
His toxic convertible debt is offered at 25% APR and a 25% discount to the Bid.
You'll never win in any Rob Ross traded ticker unless you're a lucky intraday trader, or manage to get in right before greed sets in and the stock is pumped. He's done this on several tickers already, and $TXHD is just one of the recent ones. There's a whole long history including but not limited to PVS*, VST*, AHI*, DUS* (before it R/S), and many, many others.
$TXHD is a zombie ticker being Bid whacked to death. I suspect just like $PVS* it'll end up at No Bid x $0.0001. Toxic convertible debt sellers like Rob Ross don't care about traders or investors.
35.6M shares of $TXHD traded from a low RSI, and guess what: ticker still closed down -$0.0002. Everyone touching $TXHD is liable to lose their wealth. Why? It's an illusion that you, as an innocent investor, can make money here.
I spoke with the former market awareness people at EMC, and they were slaughtered here too
The paradox of iHub: buy high, sell low
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