S saltycoot Nov 17, 2009 #1 DRYS just did a public offering of 300 million in convertible senior notes. Does this make it a buy?
C circadian Nov 17, 2009 #2 Quote from saltycoot: DRYS just did a public offering of 300 million in convertible senior notes. Does this make it a buy? More... this is the effect of potentially-dilutive securities, my man. look at the conversion ratio, do some mathematics and find your DRYS buy point. This could be an opportunity if you can price it right.
Quote from saltycoot: DRYS just did a public offering of 300 million in convertible senior notes. Does this make it a buy? More... this is the effect of potentially-dilutive securities, my man. look at the conversion ratio, do some mathematics and find your DRYS buy point. This could be an opportunity if you can price it right.
