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1.3 myn short increase due to convert deal 

By: teecee in IDCC | Recommend this post (5)
Wed, 25 Mar 15 2:40 AM | 1713 view(s)
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Msg. 47768 of 48237
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so there you have it...apprx 33% of convert deal[4myn shares] was hedged out via short increase...most of it directly to the company...pretty standard stuff except for the last part...i think its fairly rare where a company buys directly from the shorts as part of a buyback...the company wanted this for a reason...they probably had some bad experiences w/ the last deal w/ the shorts...so what better way to get directly in their face....interesting to see if the company has some sort of lending agreement w/ the convert owner for these shares..i guess everybody lives and learns..especially me!! Mr. Green Mr. Green Mr. Green Mr. Green




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