InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,475.09
(
0.27%
)
US TECH 100
19,277.60
(
0.59%
)
Dow Jones
39,169.52
(
0.13%
)
Brent Oil
86.53
(
1.67%
)
Bitcoin
62,775.39
(
0.28%
)
Post# of 267
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

RonnieD

Send PM Follow Ignore
Followers 248
Posts 14689
Boards Moderated 1
Alias Born 04/06/2006

RonnieD

Re: Stock post# 36

Tuesday, 11/03/2009 11:36:59 AM

Tuesday, November 03, 2009 11:36:59 AM

Post# of 267
somewhat assumptive articles were put out presupposing "fact" that all CIT pref and common would be a total loss. That conflicted with what I read on the DJ Wire, which is not on the internet. With the least of the unsecured poised to get 70 cents on the dollar, recovery to all pref and common would be minimal. Of course, "minimal" from this level could result in profit from whatever units or rights may be distributed post-bk.
I'm starting to lose interest in it for now, much is in question this early...

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up