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Message Boards Settings China Security & Surveillance Technology, Inc. (CSR) - Quote Info
Why would Citadel allow itself to be bought out?      8-Nov-09 03:11 am    
You have to figure that Citadel is a lot more "informed" than anyone on this board. So, the question is why would Citadel, after a negotiation of the Feb and Apr converts to a Tranche A convert and a Tranche B, then allow itself to be bought out of the Tranche A and scheduled to be bought out on B? B was no longer a convert, so I can understand that, but Tranche A?
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joelxyz58


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Why would Citadel allow itself to be bought out?
joelxyz58 Not rated 8-Nov-09 03:11 am  
 
They needed to short CSR through 2012.... besides ...
teflonfinan... Rate it 8-Nov-09 06:50 am  
 
Yes, Citadel does have financial issue. But, ...
joelxyz58 Rate it 10-Nov-09 01:10 pm  
 
The PPS will be a lot higher then so is the o...
ezdoesit_12 Rate it 10-Nov-09 02:01 pm  
 
Because: 1. The conversion premium was too high...
jp_morgun (1 Rating) 10-Nov-09 01:16 pm  
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China Security & Surveillance Technology, Inc. (CSR)

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