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tigerpac

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tigerpac

Re: renoldman post# 43

Thursday, 09/13/2012 11:57:44 AM

Thursday, September 13, 2012 11:57:44 AM

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Be careful here as convertible preferred offerings typically wind up being nothing more than a vehicle to allow that same investor to short the stock at will all the way down to zero. He could make far more than the $6 million invested.

Hope it's different here but we'll see in a year.

Too bad the company went all in with Lowes and failed. It was a chance they had to take but the product was just not up to par.
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