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Re: RMBSrider post# 316235

Thursday, 03/31/2011 12:34:31 PM

Thursday, March 31, 2011 12:34:31 PM

Post# of 432923
rider...however, IDCC can always repurchase the bonds in the open market, just like they would the stock.

Are you sure about this? This was a private placement. Under certain conditions relative to Rule 144 they may be sold (and therefore a market created) after a holding period. As far as I can see, there will be no open market anytime soon for these securities. Unless, of course, I am missing something.
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