The news was good news, but, some do not know that. That is why some people make money and others don't. Market might be ruff today.
And, if you want a tip, IMAX, going have goods news rest of the year. High growth and it just a fun company to own.
CNBC just said that too. They said many do not understand that those shares already out, but, people do not understand that, so they are selling. Thier lost.
I don't understand. What does that mean the shares are already out? Are there treasury shares (20% of current outstanding!)? Obviously not. Or is it the fact that the deal apply partly to convetibles notes, e.g. the share would theoritically been issued at some point anyway? Then yes, it's a forced convertion.But "the share are already there" does not mean anything imo.Cheers
yep, i dont own any but i will be building a position starting today.. i was waiting for the next shoe to drop and it did, now im in..