waterford group - a tough long term investor, page-37

Interesting point(s) GO re: shorting . Convertibles seem to regularly crunch any rising SP , unceremonious dumps , like clockwork . JPR sat at 3.5c for long enough , this is the 20pc discount . Surprised it held where it did .

Will we see a slow decline to TWO CENTS sometime over the next few weeks when there is another little correction and more holders get the squeeze ? No news of improved flows for August IMO ... J51 plans need to be released asap .

If it holds around here without news for couple of weeks many will take the offer . Can they pump it for that long ?