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  • IBI Group: Cheap Debt That's Covered By Current Assets [View article]
    What a mess! I looked at all the points you have raised. I also spoke with management and unless the have a secret admirer they have suggested that even with the current improvements they felt that the only way to get this done is to offer an extension on the IBG.Db. I doubt this will fly. Also on a tactical note be very careful with corporations with convertible debt as you can short the stock against the debentures ( or use options). This often results in a nasty decline that is very hard to turn around.
    Nov 6, 2013. 11:02 AM | Likes Like |Link to Comment
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