InvestorsHub Logo
Followers 3
Posts 369
Boards Moderated 0
Alias Born 09/28/2009

Re: None

Friday, 02/26/2010 12:11:50 PM

Friday, February 26, 2010 12:11:50 PM

Post# of 24405
If they decide to go ahead with the R/S it will be at least 60 days after the last closing of the tranche. The first tranche closed recently. We still have another to go. So, it will be at least 60 more days but if the stock price is way up, we may not need one or it will be a very small one. like 10 to 1. AIG's r/s worked out great. We would be a scenario like that too.

good luck. lots of buying today - way outpacing the sells. My broker with Wells Fargo says it is on track to get to over a dollar by March. :)

Strong buy!