Having waited so long, I don't think Paulson will be happy with that deal of repayment at face value. I expect JPS holders to get their dividend checks. To me this looks a fair deal between commons and JPS. I don't own JPS anymore.
He is calling himself a whale. Hope you realized that part. He is not referring to a wall street shark or a whale predicting that price. You, me and him can all produce any numbers we want. No accountability required