JPS contract has fixed cash amount in US dollars, that will still be there despite waves of potential dilution - that is the protection I am interested in right now... Common just has to accept dilution. That was my thought, good luck, best, potty
Government can't sell their SPS until the GSEs are recapped / timeline to recap is set... which brings JPS to par... common can be diluted to hell and JPS can get par value... think.