RE:Dear Bayman and other Conscripts I am on record as saying I think it is a good idea, and would commit to it. Better find out if Management would consider it first. I suggested someone ask at the AGM but I guess no one did.
quote=HighteawithIntrepid]Bayman you averaged down and are sitting
on a fair number of shares, would you commit
more cash if they did a 1 additional share for
every 10 currently owned rights offering?
In my mind this hurts the shorts, leaves most longs
in the same place % wise the corporation with real
cash and in a much stronger bargaining position.
I would but I'm not sitting on a lot of shares as a %
of my portfolio anymore. While we are watching
nothing happen but a daily cash burn we might as well
figure out whether the idea would work. HT[/quote]