InvestorsHub Logo
Followers 1
Posts 150
Boards Moderated 0
Alias Born 03/22/2009

Re: Mercator21 post# 90239

Sunday, 08/28/2016 12:18:53 PM

Sunday, August 28, 2016 12:18:53 PM

Post# of 425933
actually that's a great guess.

On Friday it was 50 bps. It ranged from 50-150bps last week.

my only point is that the cost needs to considered since the coupon is so low. And obviously the rate can change very quickly and can easily far exceed 3.5% at times.

Add that to the buy-in risk and I think long convert short stock is not a smart trade. I can't believe it's on in size.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News