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snoof77

07/21/15 4:23 PM

#109538 RE: DJ Ponder #109536

come on dj. I'm asking you to comment on a recent development that is not consistent with previous maturing of convertibles. Kudo's to you for warning people at +.03 that the pps was in danger of dropping. That's the past. Convertibles were being dumped at the time which fueled the pps decline. But now the convertibles are not being dumped. Instead, a significant amount of shares is being held by the debt holders. So do I take it that the opposite is going to happen and the pps is about to go up? Recent volume activity (OBV) seems to support that theory.

Chewie

Note: My comments in this post are only my personal opinions. Please make your own investment decisions. Happy trading, and best of luck to you with achieving propriety.