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Wednesday, February 28, 2018 10:04:06 PM
As it is a theory I am sure its just that. However lets say there is 'In theory 98 Billion of total value. Some is still not maturing to say 2028, Some in three years, some in one, Some of the assets are tied up in courts and others are not performing as expected ...more or less THE GOOD ,THE BAD, and THE Fugly!
Now if you are offered a cash and stock of the new co say 50 cents on the dollar for q's , because Ps and k's have to have face first right? You can accept the offer or wait. Lets say escrow P face plus some interest, K's Face plus interest, and com 4 .00 today or 12 in 5 years what would you do. Off course I am just using an analogy without crunching numbers ,however I say the majority would pack up and go home...And the Hogs would get killed 5 years later. I truly cannot imagine where common se much beyond 8-12 range if the are lucky me included and I would think at this point the majority would go home between 5-8 per Q.
Regards,
B
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