Here's is my take. All the posts about converting debt to shares at below market prices is unfortunate and frankly plays into those who short the stock. Those shares will probably sell off to make sure they can lock in their initial investment, which they have every right to do. As long as we can weather the fluctuations, then you should ask yourself the question did you invest in the company to make a quick profit, or are you investing for where this stock will be in the future? Bottom line, removing debt from the balance sheet is a good thing for longevity. Just my own opinion though.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.