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Re: loanranger post# 245034

Sunday, 09/29/2013 8:23:01 AM

Sunday, September 29, 2013 8:23:01 AM

Post# of 312015
i think it depends where in the cycle Rock Tenn stands

from memory (so i could be off) they were at stage 3 out of 10
(this was i believe last spring)

so while i can see both sides keeping to the agreement re: P2O prox

if JBI's mgmt can sell outright 1 or 2 prox in the next Q
because Rock Tenn is now at stage 6 out of 10 >> meaning they
aren't ready to operate for another 3 to 12 months

then clearly it makes more sense for JBI's mgmt to sell those
and issue Rock Tenn .. 6 & 7 .. or 8 and 9 depending on when
Rock Tenn is ready ..

===
4kids
all jmo

10/5/07 -- there are no coincidences here ...
oh and like many other longs .. not selling at this level --