Could be. Traders here aint helping. You know that note holders do not have the power to bring it entirely down, they were waiting on 0035. Buy retail who buy 0028 0029 are causing it to drop to sell for just a few ticks profit. Only thing note holder had to do is sell 28K at eod to close low of day. That is only what is important for note holders to close as low as possible to convery next time lower again. My guess is with 0028 they can convert now on 0013-0014.
So if we go lower, it will be only in note holders interest. Not in shareholders interest as more shares have to be converted which makes OS less attractive.
Fot now we are still ok with low OS. But would like to see not to come in down spiral where note holders can convert in trips.
So if you believe in company buy and hold. Please do not trade here as it will help note holders to reach their goal.
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