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Re: ThePennyTrader post# 1783

Thursday, 09/04/2008 9:29:33 PM

Thursday, September 04, 2008 9:29:33 PM

Post# of 7503
Not looking to bash this stock, actually thinking about jumping in, but it ALWAYS pays to know what you're getting into. They stand to make more money if the PPS goes up but will take their gains regardless. GLTU

So far, two hedge funds are leading the way in investing in death spiral deals. Over the past 12 months, Cornell Capital Partners has emerged as the top investor in death spiral transactions, sinking $175 million into 42 deals. In second place is NIR Group, which has invested $77 million in 40 transactions.
http://www.thestreet.com/story/10284937/2/death-spiral-convertible-just-refuses-to-die.html


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