TSX:LSG.DB - Post by User
Comment by
coyote13on Aug 17, 2012 10:35am
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Post# 20228881
RE: 90 M Guy is not Stupid
RE: 90 M Guy is not Stupid Not the smartest deal by the co. Hedgies will short this for the next while. Also, street will view 1.40 as max value for the forseeable future. As a rule I don't like co's to issue converts. Mgmt team smarts could be viewed as sub par imho having done a convert deal. As for dilution, clearly there is some it just may not be as big as it appears at face value. I will be jumping off this stock at first opportunity.