Replies to post #43 on Corey Ribotsky's N.I.R. Group AJW Funds Downward S (LOSE)

[TEX]

no...

as the "lendor" I don't have to wait beyond legal, specified terms...

and your $1.25 is more like my .40 cents, if you catch my drift.

I may not have the "math" right...but the principle is it's a fraction of current pps, usually based on x-amount of previous days' trading...

can't say its "automatic," but mostly toxic financing lives it to its name.

That Seaway (sp?) play seems to the best current play keeping them at bay, imo.

Others here can answer better.

Me, personally? No, I have never seen it work it OK.