OTCQX:MRVFF - Post by User
Comment by
Cdninvstron Feb 07, 2010 3:33pm
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Post# 16760561
RE: RE: RE: RE: RE: RE: I'll Keep Asking.....
RE: RE: RE: RE: RE: RE: I'll Keep Asking.....Can a penny stock like nuvo be shorted? Is it possible that bondholders will short shares of Nuvo and then convert their bonds to shares in march, thereby covering the short sale? Will there be undue downward pressure on the share price till the bond redemption date as 25 million more shares could be sold in the open market till march and then covered at 13 cents?? i'de like to hear from the trading pros on this forum about what they expect to happen to the share price from now till bond conversion date. thanks