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SPDR S&P 500 ETF Message Board

smcapking 1 post  |  Last Activity: May 24, 2016 9:55 PM Member since: Dec 10, 2010
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  • Reply to

    $75 million debt deal

    by summitrps May 24, 2016 4:41 PM
    smcapking smcapking May 24, 2016 9:55 PM Flag

    How many months does the 75 Mil keep them a float? US steel companies are losing money no matter how rosie a picture some analysts want to paint. convertible debt means dilution which investors are not fond of. Expect the technical indicators to turn down IMO. Keep an eye on the short interest to see if it increases in a couple weeks.

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