Camber Energy Inc (CEIN)

[bob4uall]

Mathematically, if CEI authorizes ten times what it has now, and you expect that Preferred holders would almost immediately convert to Common, then the share price should drop to one tenth, which would be about 15 cents. But that would cause de-listing warnings.

I hope that management will give it some time to see if the share price can actually climb and stabilize. The Preferred holders should like that better as well, increasing the value of their conversions.

And, what deals can you do in the future by paying with near-worthless Preferred shares masquerading as their perpetually and incredibly shrinking Common stock?

Just my opinion.