cotton,
Say there is 240 trading days a year.
So, the "curing" party buys 10,000 TRuPS a day.
That's 2.4M a year or 14.4M+ in a 6-year period or about 30%.
I'm having trouble understanding how they would want to ignore the opportunity to make this type of recovery for pennies during the deferment period.
Can you explain it, cotton?
Anyone?
mojo
“The ideas of debtor and creditor as to what constitutes a good time never coincide," P.G. Wodehouse, Love Among the Chickens