Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Can any body tell me what class of the Plan
these are ? Does anybody know who the heck the Trustee
is now .Lastly does a W-9 and an OFAC have to be filed with
Epiq by sept 6 if these are held in street name by a broker
in order to receive a distro .Any help greatly appreciated
thanks
Art is Amazing
He may lose this Judge
BUt i still think He is amazing
Are Debt and Equity joining
forces to beat up on LTW's
Is that what MAXM knows?
Perhaps the last indignity for LTW
holders
Comments anyone?
GLTA
Equity should Buy Piers Take Control
Seems a cheap way to take control
of the Bankruptcy.Say Adios to Rosen.
Equity should BUY Piers Take Control
Seems like a cheapway to control the
Bankruptcy now that Piers can VOTE again.
An up day might jinx it.Ha!
Starke's Maserati payment due at
the end of the QTr.
AMENDED and RESTATED 2003 agreement
Reading the Transcript(Thanks Catz)and
noticed the Creditor's lawyer pointing out these words.
Strochak seems to have a valid point re:Authenticity
of the 2002 warrant agreement therefore invoking
statue of limitations albeit in a derivative way.
Anybody care to weigh in on why signatures of
officers on the 2002 agreement isnt valid?
Does the filing of the 2003 agreement with the
S.E.C. rule the day ? Im thinking that when this came
to plantiffs attention during the discovery
of the Warrant Agent (Mellon)Perhaps it was the reason
BroadBill pulled out ?
Just seemed a little weak to say the 2002 agreement
didnt count.Very strange that WMI had no record of the 2002 warrant agreement but mellon just some how
found it .
(2002 agreement)Boadering on the bizarre.
Mad clown any comments ?
Madclown your analysis
of Dr Chamberlin's testimony is brillant
lets hope the judge reads it
Thnks
GLTA
Hey Madclown,
Great analysis Thnks
Can you tell me why the point
that the stock is only a "Currency "
to pay an obvious obligation is not
driven home in the Ltws experts testimony?
Is there some weakness in framing the LTw's
as a contingent claim?
Contingency being the litigation.
The LTW's as a "stock warrant" seems so blatanly specious
to me .
Thnks
Page 97 of Judges opinion
and footnote 40
seem to suggest that the PIERS will bear
Most of the past and future BURN
because of the difference between
FJR and contract rate .Or least She leave
sopen that possibility.
Any Thought Any one?
in refuting Normandy Hills
arguments ,I am suggesting strongly
that the Judges Opinion seems to
Leave open that the contract will apply to the Piers
any Thoughts on this?
Burn rate still applys:
So if the subordination agreements make the
PIERS liable for the diff between the Contract rate and
the FJR Doesnt the "BURN still burn?
Dime common its survivor or cash are the applicable currencies to pay an obvious obligation that is still in force .
What am I missing here ?
No one on Dimeq side has mentioned this
AKT AKF Any body have new symbols?
Craptastic out of the money
7yr warrants
Chemtura saga proves that theory
Tronox Bonds 130!!!!!!!!!!!!!
on 5 million $$$$
HEY MAD CLOWN
what do you make of these
Bonds this early in a Valuation fight?
AMAZING !!!!!
Tronox bonds 125.5!!!!!!!!!!!!!!!
Bond prices averaged around 123
when the stock was trading in the
1.25 -1.40 range
120
Last time Bonds Traded at
115.5 trxaq was .75
TRONOX BONDS 115.5 !!!!
WTF ?
Hey wait a minute your
the one who told me this stock is
one of the most manipulated
whats to understand :)
Its awful hard for a judge to buy
the argument that there is no
equity when the bonds are above par
Thats is what I am thinking .
How could the Liquidation Value
Go any where But up in Light
of the melt up in the TI/O2 market
Kronos just closed on a 300 million $
stock offering
And the stock still closed above 40 today
Bonds up almost 20% to 109
Tronox Bonds 110 !!!!!!!
I just ask my broker
Usually not a problem to
Borrow A or B
But recently they have gotten tight
A's more than B's
Seems like only M/M will be able to short them
WTF
KRO on fire
Torm has cooled abit but still up
40% on the week
Amazing
Cant borrow A's any more
Something definately
going on
Tronox Bonds 106 !!!!
Gee thanks for "splaining "
I had no Idea tha they could refile
without prejudice....Next time
I will just ask your little pie hole instead .
Boink
I thought this footnote on the
EC Rejection letter was interesting
Back Page....
On Sept 29 2010 ,The equity Commitee withdrew ,
without prejudice to refile ,the equity Committee Plan
and the Equity Committee Disclosure Statement.
Well At least the equity Committee
hasnt disbanded .
I havnt seen any changes in Cheevers
et al 13 D's except for Cetus small flip .
I am assuming like you that if the
EC had been bought off out side of this deal
with a "Quid pro quo "
We would be looking ..04 cents on millions of shares .
Curious the absolute news blackout from the EC .
Very odd.
10/19/2010 11:54:52 T 11000 93.150 0.000 N @ D
10/19/2010 11:54:52 T 11000 92.584 0.000 N @ B
10/19/2010 11:48:42 T 11000 95.000 0.000 N @ D
10/19/2010 11:29:59 T 9000 95.500 0.000 N @ D
10/19/2010 10:50:23 T 500000 97.500 0.000 N @ S
10/19/2010 10:44:11 T 500000 97.000 0.000 N Z D
10/19/2010 10:44:11 T 500000 96.990 0.000 N Z B
10/19/2010 08:00:00 T 6000 96.506 0.000 N @ S
10/18/2010 10:21:07 T 15000 91.900 0.000 Y @ B
10/18/2010 10:21:07 T 15000 92.000 0.000 N @
So they print 1.5 million Around 97.25
then make it down on nothingseems a little odd
BONDS 97.5 up 5,5 Settlement imminent?
Im not Laughing
Where the heck is the EC.
I bet they got invited to the
VIP pole dance.
Shareholders always footing the bill
in this one.
Judge Gropper Working this week
Seems to be back from celebration cruise with
Debtors and BackStoppers .Strippers provided by
Fido (thanks FMR)
Shareholders were not invited .
Even Wooden Legged EPA guys in dark glasses
had a good time .
SHareholders huddled outside dollar store
Pooling resources to buy a pair of reading glasses .
Has the EC given us a reason to
VOTE no?