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Re: navycmdr post# 615681

Friday, 06/19/2020 1:50:46 PM

Friday, June 19, 2020 1:50:46 PM

Post# of 796383
Was anyone claiming they were trading? lol

BTW Bove was projecting that pref converts at $2.50 common price -- and offering happens at $2.50 as well. The pref converts at its face value and is not determined by the volume it trades...

Take a read of this note by Bove from 2019 to see the dilution that he thinks is coming to common:

https://kaoboymusings.com/wp-content/uploads/2019/11/Bove-update-9-16-19.pdf

But maybe you will just stick to trading...