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traderjoe3

03/30/13 9:04 PM

#5787 RE: Toxic Avenger #5786

That's assuming the price goes down and that's just OPINION. FACT the note HASN'T been converted therefore there is no death spiral.
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traderjoe3

03/31/13 12:42 PM

#5799 RE: Toxic Avenger #5786

This is very confusing:

First this was stated,

Companies don't do death spiral converts with retail shareholders. They reserve them for themselves and friends. They're guaranteed profit makers to the convert holders, as long as they can dump the shares to retail buyers.





Then this was stated


Convert holders convert at a guaranteed profit and retail shareholders have to watch the resulting decline in the value of their shares



These two statements made by the same poster seem to contradict each other. So I have to ask are the note holders GUARANTEED a profit or not?