News Focus
News Focus
Followers 59
Posts 3351
Boards Moderated 0
Alias Born 08/05/2009

Re: Billiam_2 post# 103869

Monday, 09/28/2009 3:22:37 PM

Monday, September 28, 2009 3:22:37 PM

Post# of 749756
Thank you B. This is precisely the type of analysis I was hoping for!

Am I reading your numbers right? Based on 2x damages, after all debts and preferreds are paid ($11b) from WMI value of $52b, that would leave approximately $41b for settlement. Divide $41b/1.9 OS (Outstanding Shares), thus yielding a potential settlement pps of $21.58/share. Am I interpreting your numbers correctly??

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today