Convertible bonds

[NasdaqTrader]

Interesting story...http://biz.yahoo.com/ms/030917/96572_1.html

 

[AnonymousTrader]

Very interesting indeed. Reminds me of a scenario in "Remeniscenses of a Stock Operater."

I'll be sure to keep a lookout on these stocks.

 

[stock777]

Be interesting to see a study, if convertibles do any worse than the average stock in the long run. I'd think that if that were true, it would have been discovered.

 

[FishSauce]

IPO offerings and secondary offering are more informative.

Good article, unfortunately it miss the point by eight feet.

 

[AnonymousTrader]

Quote from FishSauce:

IPO offerings and secondary offering are more informative.

Good article, unfortunately it miss the point by eight feet.

Please elaborate

 

[FishSauce]

Extensive study have been done on IPO offering... I leave it at that.


With convertible bonds, you have to concern yourself with inflation expectation along with equity valuation. Thus dual signals ... could be hard to dissect and differentiate...