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发表于 2009-7-7 11:20 PM
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本帖最后由 dara 于 2009-7-8 00:27 编辑
Why buy C? you need do some research, many people bought C preferred share at cheap in March. If C actually honored the exchange of $3.25 converting, those guys will get C under $1. (someone may get it at 50cents, I remember at one time C preferred was sold at 16 cents per dollar value, at that price and if they make the change, their cost would be only 3.25/(100/16) = 54cents.
So even if they sell it at $2, they have at least a 100% return in 3 months).
PS: I am not a 高手. just tell what I know. hope it help |
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