Thursday, January 30, 2020 11:43:29 AM
Since the conversion rates for the toxic notes are calculated using the lowest or average closing stock price over the previous number of months, one theory I'd suggest is someone is painting the tape to try and keep the closing price as high as possible in order to keep the amount of stocks needed to cover the toxic note conversions as low as possible.
Not fact... just a working theory on why it's happening.
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