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stockprofitter

05/30/23 10:40 AM

#756268 RE: CatBirdSeat #756265

Ps will be lucky to get $1
Bearish
Bearish
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LuLeVan

05/30/23 10:56 AM

#756280 RE: CatBirdSeat #756265

There won't be a huge haircut, IMHO. If they don't offer close to par ($25 or $50), JPS shareholders wouldn't accept. Because they know that without them it is almost impossible for the government to Re-IPO. If the government wants to make up to $100 billion, probably after a SPS-to-common-conversion, they HAVE to deal with the JPS.

JPS holders will not get $25 or $50 a share call. USG is pissed off at the suing hedge funds and will give what they deserve…,a marine style hair cut! Ouch!