Love it! It certainly is the "proverbial phoenix rising from the ashes". If only I was smart or lucky enough to buy 25,000 shares at 35 cents
I'm still holding. Funny you say dilution since the release says "The notes will not be convertible into AMRI's common stock or any other security under any circumstances". Any hedging transactions strike prices look to all be well above the current market also. I admit I don't fully understand, so I contacted the company three times with no reply. How does this show up on the balance sheet? It is just cheap 2.25% debt that they're lining up for acquisition(s)? Does this remove the chance that their president is ready to sell out and ride off into the sunset? Any constructive feedback would be appreciated.
Traded it a few times after the big drop in the spring and made $ every time. Just bought a little yesterday (after those wild swings last week). I work in healthcare sales and these guys are installed everywhere. Not sure why they can't execute better and grow their sales...