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NLionGuy

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NLionGuy

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Re: i_like_bb_stock post# 30786

Tuesday, 09/16/2003 8:26:42 PM

Tuesday, September 16, 2003 8:26:42 PM

Post# of 219267
bb,

I also saw that happen a few years back - different stock. It went from sub-sub penny to almost $.02 if I remember correctly. However, about 2-3 weeks before the vote to increase, the CD holders started shorting in anticipation of the increase(mgmt. held more than 50% of the vote). Short 1st, convert & cover later.

No guarantee that would happen with THTHF but I guess you should be aware.
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