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Re: CopperKen post# 65603

Friday, 06/04/2010 8:08:31 AM

Friday, June 04, 2010 8:08:31 AM

Post# of 83044
CK,

I think you will need to add a zero to the 5. I would be pleased to get out of this with 50% dilution. Of course, 50% of a tasty pie is better than 100% of a toxic one.

I have factored in a 50% dilution to my model, which is why I doubled down after the BK news. The long and short of it is, I have double the shares I did before for about 1/2 the avg cost. If we need to issue 6 billion new shares, I will own the same % of the new company as I did the old one.

Of course, this only works if the common shares are not canceled.

F18

Just my opinion and should not be considered as advice to buy or sell.

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