InvestorsHub Logo
Followers 6
Posts 210
Boards Moderated 0
Alias Born 02/08/2013

Re: Phil2016 post# 16787

Wednesday, 05/24/2017 3:56:11 PM

Wednesday, May 24, 2017 3:56:11 PM

Post# of 97117
As I posted before, the companies (Apollo etc) with debt conversions purposely drag down the price and bid low so they can continue to convert and receive more shares, giving them bigger profits. They Don't Really Care anything about the company or about the shareholders. It's just a profit game. This will probably continue until all the debt is converted out. Or the company has figured out a way to buy all the debt. Until then, I keep telling everyone, the price of you stock that you see really has nothing to do with the actual value of the company, or where it's headed, in my opinion.