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gandalf48ct

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gandalf48ct

Re: jhdf51 post# 219183

Thursday, 07/08/2010 9:14:56 PM

Thursday, July 08, 2010 9:14:56 PM

Post# of 735732
I'm not going to get into the pre/post debate...although I think the pre-holders given that many may have sold under some kind of windfall of emotional duress due to circumstances could have valid claims. Who knows...

My gut tells me that preferred will take a sizeable enough haircut so that commons get paid enough to "shut up and go away". It will be all classes...and it will be pre/post...IMO... but I've seen some very "optimistic" quotes on this board....and while I don't want to dash the excitement of it all...my better sense tells me....most would be pleased with far less than face...just to walk away with what they have.
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