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Re: hydro 

By: teecee in IDCC | Recommend this post (1)
Thu, 09 Feb 17 3:00 AM | 649 view(s)
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Msg. 48067 of 48237
(This msg. is a reply to 48066 by hydro_gen)

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I realize that's a lot of stuff to throw at you...the jist of the matter is...the converts are trading at a 10 point premium to parity [the value if converted]...given that the interest rate is roughly the same as the dividend rate...that's a fairly healthy premium for a deep in the money trade [72 strike]...AND ITS STRETCHING THE SUPPLY [lack of] OF THE STOCK EVEN FURTHER!!!!! Mr. Green Mr. Green Mr. Green Mr. Green




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Re: hydro
By: hydro_gen
in IDCC
Thu, 09 Feb 17 12:38 AM
Msg. 48066 of 48237

Not 100% sure what you said - above my pay grade - there are two sides for every trade right? Strike price was initially $72.37 - the warrants were $9.75 = $82.12. 130% of the initial strike is $94.08 or an $11.96 difference. Is that the reason the bonds are trading at -9.33%??

Anyhow - the P&F chart has IDCC at $139 also. http://stockcharts.com/freecharts/pnf.php?c=IDCC,PWTADANRBO[PA][D][F1!3!!!2!20]


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