My understanding
All my Ally held shares have to be at $2 under Dodd/Frank no later
Than June 2018. They get 2 years to clear high risk investments. Some have reach there
Maturity as the TradeKing Ally merger started in 2014. They spent some time in court over margin deposits.
From my understanding it was increased to 9 million. Which represents a 90 million possible Liability ...
I have lots of self clearing ENTI ... 90/40 = $2.25 and they don't say Encounter Development . They are very old shares...
$2-5,been preached for a long time ...and if Hudson is at $2-5, they must in the long hall be worth $300 or a 30 billion Corporate ...
That gives you equity for a Bank IPO. Considering the government can't just sell Ally shares. They have to be packaged and offered to the public. 1.4 Billion were sold about the same time my brokerage sold $275 million in assets to Ally. Then they merged with TradeKing and now Ally has acquired TradeKing. Financial institutions under Dodd Frank can't hold sub $2 shares.
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