Ive been burned so many times with convertible debentures. I used to have dozens of them in my portfolio. Now just 2 or 3 and they are with the most secure companies. Big mistake not to get rid of ivq debentures last year. Now i have to go thru it. When a company runs into problems all they have to do is convert those debentures into shares. No one can stop them. Why would they redeem them? They arent obligated to like with secured bonds.And even with those the same thing can happen. Happened to me at least half a dozen times. You get a pile of shares and if the company continues to decline you end up with pennies on the dollar. I own some of these but i certaintly wouldnt buy any more. Any comments?