No, simple to understand. Government has 80% and the rest of us have 20%. Why would they shoot themselves in the foot not to maximize the 20% ? There has never been a compay in a conservatorship like this, NOT A BANKRUPTCY. The government would be slammed with numerous law suits if they tried to maximize their 80% while trying to destroy the little guys. Media would get interested and so would Congress. We come out of this when a minimum acceptable capital level is attained, which could very possibly require government to stay in its majority stake holder position (if not by consent decree). Then, and only then will government decide on what to do with seniors and warrants. They will not give up everything, more likely they will keep a majority stake at first and sell off to reap gains slowly as capital improves and share price improves. But! there will still be a dividend paid on the seniors while this is ongoing, but not on the jps because they are subordinate. The jps and commons will not see dividends until government is ready to sell most if not all of what it holds. Watch for new amendments regarding the spsa and warrants. There's a thousand ways of fu_kery with amendments for them to manipulate this for their benefit. Thinking otherwise is at your own peril. So far they've proven they can amend us to death if they want, with those added already. As long as courts keep letting rogue agencies create law, you and I have no channel or course of redress, sadly. Banana Republic
We understand your end of month prediction is only about getting the jps price high enough to cover rent, or beach party money, or whatever that it is you need...masks? There's very little court cases procedure to hype on now, so more time to go splunking on message boards because the jps are way under water just like commons - understood.
“If liberty means anything at all, it means the right to tell people what they do not want to hear.” “I disapprove of what you say, but I will defend to the death your right to say it.”
