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STOCK_GAINER6

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STOCK_GAINER6

Re: TenKay post# 92950

Friday, 05/08/2015 10:56:17 AM

Friday, May 08, 2015 10:56:17 AM

Post# of 112299
That's not right. Convertible bonds itself can be changed to shares, but need not necessarily be changed in big stocks. In big stocks that's mostly only one of the options, conditional dependend within the bond issue.
The problem of convertible bonds with pennies is, when used as sole hybrid financing instrument, that's indeed toxic. And this is where I agree with you.
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