Actually, the idea is the anti-Christ of common share investors that still believe in the tooth fairy delivery of a gazillion dollars for the two bit common shares bought in the post-2008 housing meltdown.
Hard to understand such blowback against a possible $40 to $50 share price in an 18 month R R R process. Oh, yeah, now I remember. Some "investors" are still drooling and waiting for the $200 Holy Grail FNMA dream.
"I'm not selling my shares for $40 or $50. I demand the Full Monty $200+ share price that was in my wet dream."
For me, I'll be stupid and just sell my $1.60 shares for $40.