Also a question for you. A Toxic Spiral does not have to come from a debt convertible or a preferred convertible though that is where we see it most. I just saw one where a company which did a full price private placement at 10 cents, announced an "equity" line with a group out of NYC at a 20% discount to market price. Nothing stopping those dudes from selling short and then getting stock at a 20% discount right? Just want to make sure I have that correct?
Also some toxic lenders have been blacklisted by Finra, I think Asher and Magna were two I read about.
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at
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