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dasani500

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dasani500

Re: Opti Mist post# 17373

Tuesday, 12/11/2012 9:18:27 PM

Tuesday, December 11, 2012 9:18:27 PM

Post# of 22017
The thing that bothers me most is the bondholders who are on the Creditor's Committee are also short the stock. Bondholders almost always short the stock as a hedging transaction. It's like the fox guarding the hen house. They get .61 on the dollar for their bonds and 100% return on their short position. Of course they are going to approve the deal. Who is looking out for the common stockholders? Where is GE, the largest shareholder?
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