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rramirez82

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rramirez82

Re: dannoninvest post# 87223

Monday, 08/17/2009 5:25:18 PM

Monday, August 17, 2009 5:25:18 PM

Post# of 730279
Thats right. At $26B, we'll be seeing something between $20-24. At $52B (2x book value), we should be seeing around $30.

Call me optimistic, but I tend to agree with Bop's due diligence on the valuation. There is no reason why we should be getting anything less than book value -- especially when the court, in calculating damages, would grant market value (greater than book value) or some multiple thereof to WMI if we prevail in court.

MAKINGMOVES

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