Expo Holdings Inc. (EXPH)

[99leadballoons]

Then why on earth would they convert back to common?

People don't really talk about that aspect much, but the writing was on the wall there. They used to hold common shares a long time ago. Then they converted to preferred to increase shareholder value.

Then they convert back to common and it is supposed to be a good thing? Why? What makes it good? It is ridiculous to think that way. They can't say it is good to convert to preferred, but then also say it is good to convert to common.

We also know that they flat out lied when they told people that the shares were restricted by the SEC and that they would have to file if they ever sold them. We also know that the TA released the float back in August of 2009 and proved that their shares werent restricted at all.

Combine all of this with the fact that they never filed ownership info or even released ownership info on their website and the fact there have been times when the TA was gagged and really there is no reason to believe that JD hasn't been trading the heck out of this stock.

In fact did I mention he also is addicted to level 2?