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Enterprising Investor

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Enterprising Investor

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Re: None

Wednesday, 09/14/2011 1:42:55 PM

Wednesday, September 14, 2011 1:42:55 PM

Post# of 3649
WAHUQ is undervalued.

The waterfall in the now-denied plan previously left WAHUQ not whole. The delay in confirmation will cost $40 million per month. Subordination, if successful, would actually/potentially increase the payout to WAHUQ because of the SNH's owning such a large percentage of the outstanding.

Plus, those of us not affiliated with the four hedge funds would not have to give up any part of our claim.

If you aren't an Enterprising Investor, become one—you'll love making money like Benjamin Graham.

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