Post by
Method on Aug 31, 2020 11:12am
FIRE.DB
I know I'm a broken record but another way to look at FIRE,DB is by calculating what it's worth based on the number of shares it converts into.
At 20 cents/share, the value of FIRE.DB is over 48 vs the last trade around 28.
So if you have 28k to spend, you could by 140k shares at 20 cents or buy 100k in bonds and get 244k shares when the deal closes.
The side benefit of buying bonds is that it makes shorts cover in the common which actually means more buying in the common then if you bought common yourself (assuming they have a ful hedge on).
Comment by
vulcan123456789 on Aug 31, 2020 11:43am
were on the same side I guess...deb or equity we both have a vested interest.. I'll give you this your a hell of a salesman.. it's a matter of preferance. good luck to us either way.. cheers
Comment by
Bever73 on Aug 31, 2020 1:24pm
Honestly your posts and johnales are the only thing worth reading on the bull side....everything else is useless cheerleading and wishful thinking.....
Comment by
Method on Aug 31, 2020 1:57pm
I don't think Opt, Vulcan etc... consider me a bull.