If you count up all their shares at the level of purchase, you would be wrong, sir. Unless you are saying it is that they convert their shared as low as they can go and then run the stock to pennies to sell. Why would Jim help his buddies if they weren't going to scratch his back? We all know he doesn't have to go to them for lending. Especially this type.
If they are just converting and selling, wouldn't matter one bit where they converted.
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