If the guy stood still for a minute that might have been true. And in dollar terms D was surely more back then! That said, I think the statement was misleading (since it lacked specifity re not clear only applic. to legacy debt imo) and should not have been made as it was. The subsequent D just killed any momo keft in the vessel. Silence would have been better - and we know he can manage that!
That said, I don't need to tell you it's how these things work and it's either buy time or sell time at any given point, place your bets or you know what.
Who knows, with a flat market as it is TS may go a lot further and buy up a lot more assets. But increasing common isn't the answer for anything going forward. Hardly pays the fricken electric bill! Dilution at this stage is worth chicken sh*t as is the cost for him of buying back the elephant.
Will it stay worth c.$1.5m?
It could do if dilution continues, but I don't see a lot of revenue, do you? Just legacy and options for staff. i.e. they need to get em in place and take it up.
What if preferreds/IOUs kick in b4 the results do? What would they get out of it. Jack. i.e. they need to get em in place and take it up.
It think it will go up - and BIG. Buying all I can.
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