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Re: ABIGIDIOT post# 24088

Thursday, 07/01/2010 1:36:35 PM

Thursday, July 01, 2010 1:36:35 PM

Post# of 42851
Currently Ps are 3.21% of face
Ks are 3.6% of face
If you assume we get paid in full, then Ps are the better buy
If you assume we are picked up by JPM and paid interest at the given rates, then Ps are still the better buy
Ks are only good because you can buy shares at .90

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