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Re: irishintelligence post# 11601

Sunday, 05/15/2011 10:44:34 PM

Sunday, May 15, 2011 10:44:34 PM

Post# of 15495
Thanks for your tolerance with my many posts tonight. I find it interesting that Tricadia's largest holding is Six Flags given that they emerged from BK not long ago.

Tricadia's largest holding is BY FAR Six Flags.


Like Mikie says, its a lotto, but I think the Six Flags example is a good one for what we have here. Debt for equity. Question is, can they avoid an ownership change by keeping existing common and therefor maximize the NOLs? Can they find "enough" NOLs without common to make this more profitable and keep us out?


Once again our hopes rest on Mr. Big(s).


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