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| Alias Born | 04/29/2008 |
Saturday, March 30, 2013 9:01:23 PM
Indeed, the floating discount convertible financing is certainly a major problem for HALB.
Convert holders convert at a guaranteed profit and retail shareholders have to watch the resulting decline in the value of their shares.
Hence the term "death spiral".
Convert holders convert at a guaranteed profit and retail shareholders have to watch the resulting decline in the value of their shares.
Hence the term "death spiral".
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