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12/27/23 2:37 PM

#432084 RE: jealmc79 #432083

jealmc79, explain to me what debt IDCC has that does not go away upon conversion of the bonds. Explain to me how shorting the stock increases the rate of return for the bond holders. Since the bonds convert at $70 per share they currently trade at above 60% over par. Meaning a $1000 bond trades over $1600, You do realize IDCC has hedged the bonds up to $125?? Since the shares are issued from treasury and every share they buy back goes to treasury the more shares they buyback prevents dilution.