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Replies to post #263 on NIR Group

Replies to #263 on NIR Group

jonesieatl

08/06/08 4:44 PM

#265 RE: hedgeman #263

"and your saying they are flying below the radar. And no one knows about their deals"

I didn't see him say that.

"I don't care what kind of PIPE it is. The company is still taking advantage of the little guy because they are getting stock at a discount and diluting the existing equity holders. So they are not as toxic as others"

"everyone is screwing everyone in the world of finance and no one should invest in any stocks or bonds."

I agree that 'the little guy' usually gets beat up. But IMO there's a big , no , HUGE difference (to the common shareholder) between someone getting stock at a discount in a traditional PIPE and a structured PIPE containing toxic floorless convertibles. The magnitude of the dilution in the latter is at times exponentially greater than in the former.

I'm glad this board will continue on posting info on N/I/R deals and certain other deals as it always has.

Keep up the good work everybody.

jonesie