and once cdel goes back on the bid, it drops again ... so obviously, we agree that converts sales are driving pps down ... but imo, over half of the $1.6 million in converts are converted ... just based on simple calculations .... probably closer to only $600,000 left ...
interesting how there are many many buyers willing to eat these convert sellers' shares ... and once the convert sales are gone, i'm sure there will still be a heavy buying pressure --- with very little selling pressure which should drive pps back to where it belongs