RE: RE: RE: Commons climbing..... I agree completely about the arbitrage opportunity.
I was just pointing out to casa that 8.5 commons per one pref A would only happen if the stock price got much higher (over $2, it's essentially $25 divided by current common price to figure out the conversion ratio so 8.5 shares would correspond to a common share price of just under $3).
- Mark
PS: Subject line on my last post got messed up by stockhouse in the process of reply. I was replying to you earlier posts, Glen, about short positions and hedge funds.