InvestorsHub Logo
icon url

yourbankruptcy

08/05/03 11:08 AM

#10462 RE: UpNDown #10461

UpNDown, I beleive we are still under convertible bonds conversion pressure - both from upside and downside. I have no clue what the conversion rules are, so I don't know how low that's gonna last. We are between 7.2 and 7.3 for several weeks already. This is close to the conversion price.

Looking at the chart the conversion started July 7 and the last day with significant volume was July 29. Maybe it's over already, but we keep old price just because nothing is moving it.

I hope someone knowledgeable will correct me.