RE: RE: RE: RE: RE: Impact of Trader saleMy take on why they are not buying back commons at this price is:
They want to have the cash to repurchase the next quarters Total Debt Swap when the time comes due. If they don't repurchase then the $35 million will be converted into common at this low prices and would have to issue 14 million shares. If they pay the 5% penalty now they still have lots of time to buy back shares later if the price stays down.
If and hopefuly when the Trader deal goes through they will have the cash to start the buy back up again. Any thoughts on this
Sumcan2