Washington Mutual Preferred fka WAMPQ

[marayatano]

Yes, NOL is a variable.

NOL will benefit the reorganized company, but it would take a long time to use the entire NOL, especially if the reorganized company is a little profitable or not profitable at all.

NOL will have an immediate value if an entity comes in and buys out the reorganized company.

There are other examples...

It is not an asset because certain things have to happen in order to utilize it, but to the right entity, it is very valuable.

All NOL is now is "potential" to have value.

imo