InvestorsHub Logo
Followers 11
Posts 2144
Boards Moderated 0
Alias Born 03/25/2004

Re: BudTheSpud post# 98553

Monday, 09/17/2012 3:14:39 PM

Monday, September 17, 2012 3:14:39 PM

Post# of 118202
The convert owners never have to buy shares in the open market to cover their shorts. They will use their converted shares to cover when they want to cover. The "dividend" will be much ado about nothing, just as PCFG's Oregon Gold "dividend" was insignificant. It will have zero effect on PCFG's share price.

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.