Seriously, don't chase those speculative stocks right after they complete their convertible offerings. We've seen this movie before.
Remember what happened in 1999-2000? The exact same playbook. Companies would announce converts, hype would build up, retail would pile in, and then... well, we all know how that ended.
The pattern is crystal clear: post-conversion pump, followed by a brutal reality check. Sure, some might squeeze higher short-term, but the odds aren't in your favor when you're buying into freshly diluted positions.
Timing matters. Structure matters. Don't let FOMO cloud your judgment on these setups. The converts are there for a reason, and it's usually not because the company is flush with organic growth capital.
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DegenTherapist
· 7h ago
NGL, the convertible bond game smells just like the '99 bubble. Retail investors getting slaughtered is a classic tradition.
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DevChive
· 12-03 02:56
ngl I've seen this trick too many times, it's always new newbies rushing in
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MoonMathMagic
· 12-03 02:56
ngl this trick is so old it's falling apart, buying in the moment the convertible bond is completed basically just means handing money over to the big players
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0xSleepDeprived
· 12-03 02:50
nah the converts always smell like desperation... seen too many bags get heavier after the pump
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ForkLibertarian
· 12-03 02:49
NGL, this trick is really old. You should have exited when the convertible bond deal was done. Not every pump can carry you to the moon.
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DefiSecurityGuard
· 12-03 02:47
⚠️ CRITICAL: convertible offerings are basically rugpull indicators wrapped in corporate paper. same exploit vector, different layer. DYOR and check the contract structure before touching anything.
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WhaleShadow
· 12-03 02:39
NGL, this trick has been around for over 20 years and people still fall for it. That's impressive.
Seriously, don't chase those speculative stocks right after they complete their convertible offerings. We've seen this movie before.
Remember what happened in 1999-2000? The exact same playbook. Companies would announce converts, hype would build up, retail would pile in, and then... well, we all know how that ended.
The pattern is crystal clear: post-conversion pump, followed by a brutal reality check. Sure, some might squeeze higher short-term, but the odds aren't in your favor when you're buying into freshly diluted positions.
Timing matters. Structure matters. Don't let FOMO cloud your judgment on these setups. The converts are there for a reason, and it's usually not because the company is flush with organic growth capital.