Rim Semiconductor Company (fka RSMI)

[ophelia]

Correct me if I'm wrong, but isn't it in the best interests of floorless convertible holders to convert at the lowest price possible, amass a huge number of shares, and then dump their shares after the pump?

Last time, the price dropped steadily to under 3 cents, then when conversions were complete, the pump to 27 cents made them a lot of money. That, along with the change in the pricing of the warrants from 15 cents to 5 cents.