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Thursday, December 08, 2011 12:46:27 PM
In may the settlement announcement drove commons to 0.16. That was before we had colorable claims acknowledged and the SNHs prosecution motion granted/stayed.
It is illogical to expect a lower offer than the may offer. It is not impossible, but illogical since disgorgement/disallowance is in play now, gun powder we didnt have in may.
forget reuters they are not into the case as people here are. In most of the time those news are just one new sentence, while the rest is copy&paste out of old news.
Peg claimed today that 7 billion prefs will fight tooth and nail to keep commons from reaching anything before they are satisfied. It does not even address the difference between TPS and Prefs, that probably TPS denied the last deal, that DIME is still out there etc... What i want to say is dont take Reuters or any other news serious unless it really adresses the complexity of the issues at state here. The rest is dust in one's eyes...
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