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Q: hi folks:
can you please offer an update on this one?
owned for quite a while, and seems like a well run profitable co
chart looks good, and a breakout seems imminent
thanks as always
bob
can you please offer an update on this one?
owned for quite a while, and seems like a well run profitable co
chart looks good, and a breakout seems imminent
thanks as always
bob
Q: it seems the fortunes of this company are at least stabilizing if not turning around. They are profitable and have negotiated a more favourable debt maturity structure. My main question is in regards to the short interest of around 18% - is this not a risky thing to do in light of the above? I read somewhere the short positions have actually been established as hedges by convertible bondholders - if the company tanks, the bonds sink but the short positions offset. If the company succeeds and share price increases, the convertible bonds can convert to equity at the lower conversion rate and close out their short position. Am I on the right track? I can't otherwise explain this huge short %
Q: Hi 5i,
Seeing a lot of movement in this one on 15-Aug; could this be due to increased interest resulting from Michael Burry taking a significant position? Or is there more to the story?
Seeing a lot of movement in this one on 15-Aug; could this be due to increased interest resulting from Michael Burry taking a significant position? Or is there more to the story?
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