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Re: nicehit post# 14064

Tuesday, 06/23/2009 6:07:37 PM

Tuesday, June 23, 2009 6:07:37 PM

Post# of 16405
nicehit, I'm not saying what management did is fair. Fair would have been to do what it stated in their conversion offer without adding to it after the deal. However, things unforeseen to management occurred that caused - in their best opinion - the absolute necessity to attach an addendum (RS of convert' prefered) to their stated offer.
I don't like what happened either. I converted 65% of my xxis and had 35% RS that subsequently fit nicely into a thimble. Fortunately I bought more oncp after the xxis RS and sold recently near the top. I'm still in the hole thousands of dollars. You can bet I don't like it !
What's done is done....and gone. I'm focused on the future with a better understanding of the management team's weaknesses and strengths.

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