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jackson227

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jackson227

Re: Billiam_2 post# 10441

Friday, 05/15/2009 6:51:22 PM

Friday, May 15, 2009 6:51:22 PM

Post# of 42851
That is actually not correct. I hate to be bursting bubbles, but there is the same kind of trading order in the Charter bk, and they are cancelling commons and all preferreds.

You all know I don't think that will happen in this case, but to say the NOLs are lost if the commons are cancelled is wrong imo.

I used to believe it, but I feel that is not true.

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