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From: hedgefundmgr (Rep: 12) reply to msgreenacresDate: 03/17/2017 08:50
Forum: Function(x) Inc - Msg #260Thread #673914347 (Rec: 0)
Re: Yes, I do understand securities law, and they are "restricted". Pretty cut a...

stop. You understand 'securities laws'?? If you say so.

Converting preferred stock to common, the shares don't have to be TRADED to be dilutive. People shorting this because of that conversion are doing so because they understand that the value of the common just got halved with that transaction. It has zero to do with 'securities laws'. lol. You guys crack me up.

The other expression I find humor in is 'the big boys". Who ever started using the term 'algos'..now THAT is accurate. But this 'big boys' notion is laughable.



Reply to msgreenacres - Msg #2666265 - 03/17/2017 08:38

Yes, I do understand securities law, and they are "restricted". Pretty cut and dry

Re: Some bad DD. Those shares from the last offering were unregistered. Wen...
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