InvestorsHub Logo
Followers 20
Posts 1007
Boards Moderated 0
Alias Born 09/18/2006

Re: mobilemanx post# 25895

Monday, 02/11/2008 5:04:11 AM

Monday, February 11, 2008 5:04:11 AM

Post# of 119915
" A bad or “toxic” financing takes the form of a financial instrument that is convertible into common stock at a specific discount to the bid price or average bid price over a specified time period. "

Which is EXACTLY THE CASE WITH COPI, ioo

Because, the COPI insiders [and ZERO OUTSIDERS]
just got "Preferreds" that are 'convertible'
at $0.01 , while the 'stock' is trading at $0.07

Good deal for them = Bad deal for all else.

Is it really possible that only we 'noticed' this ?
If so, oh well. We have a little work to do,
before euOpeners. cUall soon.


Averaging-down is profitable, for shorters, only.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.