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Re: Lawrence 147 post# 71716

Friday, 05/15/2009 12:57:33 PM

Friday, May 15, 2009 12:57:33 PM

Post# of 730710
Lawrence This is very important. We know they [JPM] are raising capital and have the ability to raise in excess of 20B. Are they selling shares or just putting them into treasury? I have no way of finding this out and I wish someone who knows how, can get that info
Wouldn't JPM want to get the share price higher, to get the a better ratio on the swap. If their shares are trading at $32 and they say hey you're worth $8 PPS. That's a 1:4 swap for commons and prefs are all paid off. If they got the PPS to $40 then it becomes a 1:5 swap. That would seem like a good plan to me.
Does anyone have the goods on whether or not JPM sold shares this week, to raise the 2 plus Bil they supposedly raised by dilution?
Thanks
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