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  4. On4 Communications (ONCI) Message Board

I understand that these finance companies are not

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Post# of 40991
(Total Views: 210)
Posted On: 10/20/2017 11:35:18 AM
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Posted By: OldSaltDawg
Re: WinstonNC #1060
I understand that these finance companies are not in business to 'bet' whether a company's stock price will increase or decrease, but only to re-coup what they can ASAP. However, it amazes me that this lender doesn't realize that they are one of the the main reasons for the depressed stock price at this time and that once they complete the conversion this is a company which will see huge increases in PPS.

In college I was football bookie and a bookie never wants to have more $ riding on one team over another as they are in business to pick up the 10% 'grease' from the losers. They pass the overage to another bookie so they literally can't lose (unless a 'client' refuses to pay). However if the upcoming game was the NE Patriots vs. a high school team and the line was even, I wouldn't pass any 'bets' which were made on the high school team.

In other words, a sure thing is worth holding onto sometimes. Maybe the finance company would dump 3/4 of the shares into market and keep 1/4 so they might gain the discounted amount of the loan. I realize that is far fetched and not reasonable for a financial lender to conduct it's business,,,but damn at some point you take a gamble. Especially when it's as obvious as the nose on your face that you are the sole reason (well mostly) for the depressed PPS.

Sorry, just rambling on,, and on


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