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Post# of 735996
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drkazmd65

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drkazmd65

Re: marayatano post# 310499

Friday, 06/17/2011 1:40:23 PM

Friday, June 17, 2011 1:40:23 PM

Post# of 735996
Excellent solution IMO - Then that would let the market decide the value of Preferred shares (I'm guessing in the ballpark of the FV at least) and not cost the estate or anybody else directly to keep them alive.

Might seriously scr@w with anybody who has shorted Ps or Ks - but I'm OK with that.

I've hedged with a decent amount of Ks all bought at less than $0.70/share, so that would be a win for me as well even if I decide to sell the Ks outright rather than hold them for a time.

“The two most powerful warriors are patience and time.”
- Leo Nikolaevich Tolstoy

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