re: Ann: Industrea buy-back of convertible bo...
I agree. Is the source of this capping from the conversion of convertible notes ? I mean someone has to buy the stock to sell it ? At what point are there no more to be sold unless bough back from the market ? It will be at that point that the SP will move. The tedious selling of IDL shares is simply a liquidation of a very large holding but how large ?? I wonder if todays ann was also a broadside at the convertible notes holders saying stop this dumpoing or capping ! Whatever, it has not worked as it seems to just continue. Very tiresome
IDL Price at posting:
39.5¢ Sentiment: None Disclosure: Held
