Posted On: 07/06/2015 2:22:56 PM
Post# of 9129
Re: Kachingpdx1 #1851
when there is toxic financing -which thankfully NNLX does not have- the convertible notes etc can often be converted at as low as e.g., 30% of the lowest trading price within the previous 10 or even 20 trading days -which gives such holders incentive to manipulate the pps down temporarily in the preceding10-20 days to receive their shares at the lowest possible pps
the co's which specialize in such toxics could be very good at such manipulation and must make a fortune even without such -taking advantage of desperate co's
the co's which specialize in such toxics could be very good at such manipulation and must make a fortune even without such -taking advantage of desperate co's
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