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Darth Trader

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Darth Trader

Re: Militia Man post# 68320

Thursday, 06/05/2014 9:21:29 PM

Thursday, June 05, 2014 9:21:29 PM

Post# of 222911
The company's the one diluting so why would they buy them back. They said they'd borrow to buy them back. Logically, the only asset they can secure the loan with is shares. Let's see, they borrow to buy back....leverage against convertable shares....the lender converts and more shares are created than we started with. Where's the value?
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