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Re: mrholty post# 414

Friday, 12/06/2013 4:01:12 PM

Friday, December 06, 2013 4:01:12 PM

Post# of 461
I think everybody is upside down at this point and the consensus was that a global settlement would have happened by now. You may be able to buy some claims from the claims traders, as they are probably re-thinking their buys.

I've got some PINES, but not enough to matter. The equity is still being traded at a premium and I'll wait to see what the conversion looks like on the other side of confirmation. I'm sure you remember Lightspeed buying all of that Dynegy stock and then taking and maintaining a 50% haircut when the Plan became effective. The newco stock is trading around $22 and it has to get to 40 something to break even. No thanks.

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