InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,230.80
(
-0.15%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
-0.72%
)
Bitcoin
63,820.14
(
-1.54%
)
Post# of 118202
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

M_T_Pockets

Send PM Follow Ignore
Followers 29
Posts 2631
Boards Moderated 0
Alias Born 01/26/2011

M_T_Pockets

Re: dtdjp post# 69645

Wednesday, 10/05/2011 10:19:25 PM

Wednesday, October 05, 2011 10:19:25 PM

Post# of 118202
DeeDog, It can also help "Pay Off" some debt that is convertible to shares at a later date. (2013) Buy them now when they are cheaper, and use them to cover the conversion, that is guaranteed at a higher par value, later.
This company seems to have their act together. I think it is a great business move, not really intended to send a signal, but if it does, double benefit!

I just hang out here for the fun of it, that
doesn't mean I'm smart.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

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.

Sign Up