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Re: tedpeele post# 3477

Thursday, 12/01/2016 7:07:22 PM

Thursday, December 01, 2016 7:07:22 PM

Post# of 24591
Convertible note holders could care less about where the stock price could go. Especially when they get shares at a 40% discount of market price. My experience has been they sell when possible.
If there is a lack of serious buying it can do tremendous damage to a stock price. Can you imagine if they convert and sell up to 80Mil shares?