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Post# of 326436
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RisknReturn

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RisknReturn

Re: tushiecomplete post# 265168

Friday, 04/27/2012 11:58:04 AM

Friday, April 27, 2012 11:58:04 AM

Post# of 326436
10 billion can and will happen if (when) the VWAP price drops to about $.004 for a single trading day.

That is how death spiral convertible securities work- they have been around in one form or another for at least 20 years and are referred to as the financing of last resort. You can see why.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote