Thanks ron_66271. I knew your estimates from before and have always appreciated all you do. I am hoping and praying you are correct because 4.6 times face value would be awesome.
As for the AZCowboy, if I understand him correctly, he believes commons will end up with the prize. So when he says he just doesn’t think there is much left for preferreds, I was hoping he would quantify, how much he believes is left (for preferreds). Similar to what you just did.
Thanks again,
Nd9