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naturalborninvestor

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naturalborninvestor

Re: SC777 post# 359

Tuesday, 01/22/2019 10:00:10 AM

Tuesday, January 22, 2019 10:00:10 AM

Post# of 6756
of course they do! For creditors, but not shareholders. Creditors will receive payment in full before common equity gets anything. So, if they project creditors to get out well, common shareholders are likely not so well. Creditors and common equity fight for the same residual value.
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