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ORCA

02/15/07 1:09 PM

#8274 RE: hotstocks-agent #8272

Yes that is why I had bought in to this pos.Because no R/S
Now he blames MMs to find an excuse.The pos keeps hiting with his F CDs and he blames the MMs.Slap the F Dog.
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morcash

02/15/07 1:09 PM

#8275 RE: hotstocks-agent #8272

We all know how these pinks work. Of course there could be a r/s at some point in the future. IMO - it won't be this week and the pps will recover in the next week from todays panic selling. Everyone is just bashing this POS and driving the pps down furhter - death spiral caused by someones opinion of what might happen. Nothing but speculation and the pps is down 50%.

Please let me know if I missed something (yes I read the jeff emails).
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ORCA

02/15/07 1:11 PM

#8277 RE: hotstocks-agent #8272

Read Bold to see how he works it:CD=A convertible debenture is a type of business loan that leaves the lender the option of taking stock in the company instead of repayment.

In theory, the market price of a convertible debenture should never drop below its intrinsic value. The intrinsic value is simply the number of shares being converted at par value times the current market price of common shares.

It is safer than preferred or common shares for the investor.

Convertible debentures can be sold short, thus depressing the market value for a stock, and allowing the debt-holder to claim more stock with which to sell short. This is known as death spiral financing