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Re: Rich post# 26626

Saturday, 10/18/2014 10:33:13 PM

Saturday, October 18, 2014 10:33:13 PM

Post# of 36237
That may be true. But how many of those are going thru a $750,000 conversion and at the same time having other note holders convert? Sure, a lot of OTC companies carry a good amount of debt, but you can almost time when the conversions will occur and trade accordingly. When a huge amount of debt is being continually converted it is near impossible to get any kind of upward movement of the stock SP before it is stopped cold by another influx of shares dumped into the market. Compound that with PR's that only say what the company hopes to do or is gonna do and you have a recipe for losing any money you may spend buying shares.

But Rich, you have another opportunity to show me wrong here. All you have to do is provide a current example of a company going thru a debt conversion like STLK and investors are making money trading it. Easy to say there are many companies that are in worse shape and investors/traders are making money on it.

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