Bottom line is we will see $23-$47 period :) unless more damaging evidence is found which is very likely then range will be higher. Its multi year investment for Bill, Bruce n Perry. NWS being ruled illegal is the first step.
$16Bill Rev/1.16 bill shares X 17 P/E= $234.00 @TheJusticeDept Of course this doesn’t take into consideration any subsequent PENALTIES $46/share….perhaps after a 5//1 forward split–warrants are invalid the biggest variable is what the P/E should be
P/E is variable---floating target===could be a lot higher--like 58
p/e==58...thus with my previous estimate PPS of $234/$3(EPS)=58
$16Bill Rev/1.16 bill shares X 17 P/E= $234.00 @TheJusticeDept Of course this doesn’t take into consideration any subsequent PENALTIES $46/share….perhaps after a 5//1 forward split–warrants are invalid the biggest variable is what the P/E should be
P/E is variable---floating target===could be a lot higher--like 58
p/e==58...thus with my previous estimate PPS of $234/$3(EPS)=58
What is wrong with you people. If we are not made whole, we as business and as individuals are screwed because anything but whole sets a precedents in law for the government use that law as a lawful precedent to steal a individuals or business property and assets. It is a slippery slope to worse things. They wink not quit until they have it all.
Did you know Teamster union leaders made a deal with the government to go around ERISA to reduce retired pension monthly payout by 66% effective July 2016?
Did you know the government 2010 budget government stole 750 billion dollars from Social Security lprivate funds to fund Medicaid/ Obamacare? FDR promised Social Security would be in a lock box not to be used for other government purpose other then a retirement benefit for those contributing
Did you know the government 2016 budget government stole 150 billion dollars from Medicare private funds to fund Medicaid/ Obamacare?
We have an opportunity to stop rhis crap. Win this case and brought whole. Protect future by putting a barrier between us and gov corruption.
I agree with Ackman that the warrants - as part of the original deal and potential equity acquired under the umbrella of HERA are legal
I still hope to have less dilution based on some future mediation or deal --- or a judge saying --- yes 20% but 20% of a F and F with all of the excess SWEEP paid back etc.
My approach to a middle ground has been stated
GOV gets 80% via warrants but in an agreement or judgment of mediation ------ the GOV must sell its 80% to the public and put all such proceeds back into F and F as capital surplus ((the GOV could say - correctly - such action is not throwing away profit but creating a stable F and F and private capacity to shield the GOV from un necessary future bail outs ))