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Tom Joad

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Tom Joad

Re: charlie T colton post# 5614

Tuesday, 01/24/2017 3:24:48 PM

Tuesday, January 24, 2017 3:24:48 PM

Post# of 6624
re: Lynch ownership

I would never accuse Merrill Lynch of having an ethical bone in all the people in their organization, but I would accuse Elliot Management of having at least one. So, I'm a little more worried than before. My subjective, 3 class, probability distribution of the outcome-

0.1 probability of Lynch and SEB selling all to GE within the year and we're forced to sell.
0.8 probability of Lynch and SEB selling after 2017 and before 2020 and we're forced to sell.
0.1 probability of Lynch and SEB not selling and going long.

In a forced buyout I believe they can call the price and I'm doubting that will be more than their last offer if this happens before 2018.

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