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Re: RisknReturn post# 301676

Thursday, 02/06/2014 10:54:42 PM

Thursday, February 06, 2014 10:54:42 PM

Post# of 326436
Since a perception = mistaken beliefs

I do not subscribe to your thought process please elaborate:

Since perception = reality, mistaken beliefs could very well be holding PPS up near par value.

We know that YA can not convert below par value (if in fact there were any authorized shares to convert); however, that 'par" benchmark is irrelevant to PPS as we have all seen with trades much lower last summer and fall.

Some investors may also believe that par is the floor in bankruptcy but that is completely false. I am gratified to see PPS at these high levels but there is no rational reason to maintain this level without major verifiable news.



As lesnshawn so elegantly said, why share info with you me or anyone, competitors come on now YJ


Volume:
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