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Re: Stern is Bald post# 641178

Thursday, 11/12/2020 10:10:28 AM

Thursday, November 12, 2020 10:10:28 AM

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If the GSEs are put back on the exchange, PSPAs released and cap rule done before any conversion done commons value will have dramatically risen while you are sitting and praying for a conversion



What you are describing (PSPA amendment, cap rule, NYSE relist, and only then JPS conversion) is basically what Moelis called for back in 2018.

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