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Wednesday, December 07, 2011 11:32:16 AM
The estimated dilution we'll see can be estimated by looking at the CD balances, interest rates, and market discounts. Like some others here, i expect some dilution and i'll gladly take some dilution for an improved balance sheet. The company is moving forward in leaps and bounds. The debt and the preferreds that are tied to them are what is holding the PPS back.
Settlements or a big refi deal and we are golden in the short term imo.
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