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marzan

08/28/16 11:02 PM

#90332 RE: Whalatane #90330

Kiwi, I don't understand why you have to have a contrarian arguments while you claim you are a Long now. Why a Squeeze is not possible in your opinion while the converted shares are available only on Sep 12 and in between from now to Sep 12, why do you think there won't be a demand for shares and had these note holders been in fact shorting this stock in the past, why you don't think they won't be attempting to cover in between? what if the Company announce something like Data Lock or even DMC recommendation comes thru in between. What if the RiT design paper is published with all the details needed to do all our RRR calculations in between? Why the Sep 12 has been set? If there is no squeeze, I don't think anyone would want to short before Sep 12, IMO.
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bblack

08/28/16 11:04 PM

#90333 RE: Whalatane #90330

Kiwi, what if HDG lent money to you at 3.50% for 16 years but also received a percentage of the growth of your net worth over that period. That's a better analogy. Would you take the money?

without the conversion privilege the rate obviously would have been much higher than 3.5%. AMRN chose to issue the convert because they did not want to pay the higher rate.