GREY:MBLKF - Post by User
Comment by
nerzaaon May 15, 2013 10:10am
151 Views
Post# 21393944
RE: RE: RE: bmo analyst downgrades MB
RE: RE: RE: bmo analyst downgrades MB forsure, FFH is in this for the long run. Look at this from another angle, if you are FFH, why would you convert you warrants into shares to buyback debt, which is also owned by you? Keep in mind, they didn't do it cashlessly. Another way of asking is, why would you exchange fixed income from debt interest for equity unless you believe doing so will make more money? think about that. the stock will likely reach $20 if Q2 is on target; and if sales show a jump in q3, say like 20%, then $30 is also reachable.