Sunday, August 13, 2017 10:25:17 PM
200k - 300k in shares or about $15k - $30k at risk in the market.
Face + Coupons & Penalties would make a fortune for some.
A lot of investors could stand to lose $15k - $30K on an educated bet like this.
A lot may own what they left over from the lots they bought prior to the $0.60 run up a few years back.
For others, it isn't that easy.
Even if they have a few grand around, why put in more if a possible settlement on the CTs & Preferreds could make them a Millionaire?
After almost 9 years, why do they want to re-position now?
If it happens in 2018, what is the stock going to do between now and then?
mojo
“The ideas of debtor and creditor as to what constitutes a good time never coincide," P.G. Wodehouse, Love Among the Chickens
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