InvestorsHub Logo
Followers 538
Posts 36864
Boards Moderated 1
Alias Born 09/08/2008

Re: Sculelos post# 133609

Wednesday, 01/06/2010 12:46:54 PM

Wednesday, January 06, 2010 12:46:54 PM

Post# of 735859
I have to say that I agree with Sculelos that the settlement for Commons will not exceed the $8 offer made in April 2008. I think JPM would rather fight it out in court for years on end then bow to the shame of having to pay what the country considers to be a dead company more than what it was offered when it was alive.

I also think the EC will settle for whatever 'dollar' amount they can get. These top 7 probably never thought they would get anything, if JPM offers $4 a share they are going to jump on it.

They probably have no clue about the litigation, Diamonds $12, etc etc etc.

My speculative prediction here is that HQ/PQ/KQ will get full FV, and Commons will get thrown a $2 - $4 a share bone to go away and end all litigation. Those of us who have 100K commons+ are not going to complain about $4 a share. I would take it right now. But that's me. :)
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News