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Alias Born | 08/16/2010 |
Saturday, March 11, 2023 12:28:04 PM
Either way, this dead bank is going at pennies on the dollar.
If they are forced into bankruptcy before an offer is made/ accepted, equity is screwed, and most likely completely wiped out.
Equity is screwed either way really... but if a low ball offer is made, at least equity could get a tiny chunk back..
97% institutional owned, with blackrock, and Vanguard leading the way..
This failure is screwing mostly Big Dogs, which is nice. Heh! Wonder if this being the case, we see a sweetheart deal...
DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.
People kill for money. What makes you think they will not lie to you for yours?
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