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etzetrade

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etzetrade

Re: cicimici83 post# 36771

Wednesday, 09/21/2011 10:20:58 AM

Wednesday, September 21, 2011 10:20:58 AM

Post# of 42851
IMHO, it is related to the time of conversion (12/18/2012). During the BK, there is no difference between P and k.

Assuming we reach a settlement, I guess P and K will automatically refloate as the same as before. Then it matters because WMI2 will enforce the conversion after 12/18/2012. There is uncertain what price of commons will be and what is the appreciating rate. To play the safe, may be K is better off.

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