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Post# of 84325
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GrowthStocks99

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GrowthStocks99

Re: None

Monday, 12/16/2013 3:40:03 PM

Monday, December 16, 2013 3:40:03 PM

Post# of 84325
LTNC is not worth buying if convertible stock financing keeps happening.

These converters keep making money.

Convert ... Hit The Bid ... Make Money ... Repeat

Problem is the stock can go very low and these guys still make money. For the rest of us it is like throwing an anchor to a drowning man.

As long as there is profit in the stock the converters can sell. They might stop selling when the PPS gets to their buy price. What 11.5 cents? 13 to 15 cents?
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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