RE:RE:RE:RE:Cash flowPositive q4?? Are you getting this from IR?
I don't think people understand how attractive the debenture is but I have been saying that for a while.
Also, if someone thought the stock was cheap at 30 cents when the enterprise value was over $260m, now the enterprise value is under $200m so to get back to $260m takes the stock just over 30 cents.
The equity is cheaper now with less risk than before now that the debenture has been dealt with.
Short term money in the stock, long term money in the debenture makes a lot more sense now than it ever did before.
johnale wrote: We've dipped a few times to 19.5 - and magically a big bid comes in to prop the stock.
we won't trade up significantly until the debenture trades up a bit more - as there is a arbitrage opportunity if your willing to hold 31.75% of the shares you get for 4mths.
next week hopefully the deal is finalized - and the trades settle out.
also waiting for a full Corp update and announce earnings date - as they said they will do so well in advance.
yes - they said their wholesale channels are still active.