GREY:PEYTF - Post by User
Comment by
bill_29on Jan 24, 2015 12:30pm
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Post# 23359240
RE:Investors dumped the stock and bought the debentures
RE:Investors dumped the stock and bought the debenturesThat's an interesting theory, Joe, but it isn't borne out by the numbers.
Were that the case, the dollar value of the trades would have been similar between the debentures and the units. As I pointed out, the dollar value of the debenture trades was over 50X that of the units. Therefore, it was not a shift of capital.
Joe454 wrote:
because they'll end up with the company in a restructuring.