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Elmer Phud

05/19/15 10:41 AM

#455 RE: power11 #454

power11

AT THESE PRICES AND AN 11% + DIVIDENT YIELD, FOLKS THIS IS A NO BRAINER. THIS STOCK WILL RECOVER, A GREAT BUYING OPPORTUNITY.

I don't know what the interest rate is for the debt they are paying back, but they will be paying 11% on those new shares they are selling. If it's 6% then they are essentially borrowing at 11% to repay 6% debt. Does that really sound like such a good deal?