Nah what's that? I've only been on this board for 15 minutes...
A few months ago Bradford was screaming Moelis plan at $14-17 and now it's commons are 4-5 then reverse swap where jps will be sitting pretty... I really can't keep up w/ how many ways the jps team says commons will be screwed it's really just overwhelming me and I am in the fetal position.. Need the JPS team to construct a newer more palatable way the commons will be DOA at any minute.
"Have you ever heard of something called a reverse stock split? a Simple 10:1 reverse stock split would make the commons trade at ~$9 and meet the any listing requirements overnight. Just saying.."
Why go to all the trouble and expense? Just release F&F from conservatorships and both will be well over $100/share in a couple of days. As for the $4 rule, the NYSE and NASDAQ are slobbering at the mouth wanting to get the GSEs listed on their exchanges so the rules for listing/relisting will be thrown out the window.