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Alias Born | 07/17/2006 |
Tuesday, September 15, 2020 9:00:12 AM
Good post...I do believe this stock has the greatest potential of any that I know of..I just believe these convertible note are a ball and chain on the PPS..(unless there is something we all do not know about) and that seems unlikely as Verizon has already announced Inseego has a principal role in the 5-G play...Also the company keeps talking about all the new indications that are coming almost daily...We have a float of less than 100 million shares...and that means a secondary issue (of common) at this PPS is not likely to create major problems and the company should be able to rid itself of these loathsome convertible notes...Its not just they are draining capital with the interest payments..The note holders short the stock (the common) to maintain a market neutral position..Meanwhile they (the hedge funds which own the notes)...collect interest at no risk. And we retail stock holders are not even allowed to buy convertible notes because we are not "accredited investors"..
What is Mondor afraid of...We retail stock holders are not going anywhere. We get it..Does he really just want to say he can pick up the phone and talk to Jim Cramer..and the other big boys..
":>) JL
Recent INSG News
- Inseego Voluntarily Pays-off and Terminates Asset-Backed Loan Facility to Improve Capital Structure Flexibility and Meaningfully Reduce Financing Costs • Business Wire • 04/18/2024 08:10:00 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 09:17:01 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 01/23/2024 09:22:30 PM
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