Word: convert
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...makes a bad bet. But through naked short selling, hedge funds can stir up trouble for any publicly traded firm. In the case of Pet Quarters, the suit alleges that Badian's hedge fund lent the firm sorely needed operating capital on terms that allowed the hedge fund to convert the debt to shares at any time. Through naked short selling, Badian then pushed Pet Quarters stock from $4 to just pennies. Badian balanced his massive short selling with cheap shares obtained after he converted the loan to stock...
...weekend contests against No. 3 Cornell and No. 17 Colgate, and to match the perpetual ECAC powers, the Crimson (2-1-0, 2-1-0) must sift through its first three games—through a sporadic mix of precision and sloppiness, of pinpoint execution and absolute inability to convert. En route to its early record, Harvard outskated Dartmouth 5-2, outfought Princeton 2-1 and just plain could not execute against Quinnipiac in a 5-2 loss. Tomorrow against the Big Red (3-1-0, 2-0-0) and Saturday versus the Raiders...
...skipper of the Canadian national team, and without much hope of moving up the ranks in the ECAC. Interim coach Doug Derraugh will have his hands full directing a squad whose top returning scorer, Brianne Schmidt, potted just nine goals last season and whose penalty kill allowed opponents to convert a full third of their power plays a year ago. Cornell can take solace, however, in the presence of hapless Union, which should separate the Big Red from the cellar...
...Hart says that to preserve quality, the couple won't convert outbuildings in order to add to Hambleton's 17-bedroom capacity. That means the rooms and restaurant are often booked up well in advance. But for those lucky enough to get in, Hambleton's attention to detail never wavers, from the freshly baked shortbread in tins at bedside to a sommelier, Dominique Baduel, who steers diners to wines that may be less pricey than the first-growth blockbusters in the cellars, yet will better complement their meals...
...course, the editorial’s sloppiness, while unprofessional, is not the real problem. If polls are to be believed, then the President’s recent policy failures have earned him more detractors than supporters nationwide. Yet Bush’s would-be challengers remain unable to convert popular discontent into a groundswell for change. The Crimson’s glib editorial helps to explain...