Replies to post #302235 on Zeev's Turnips Patch-No Politics (ZEEV)

[Joe Stocks]

CPN- I am in for about a 1/4 position. I want to see if we get a bounce from this just shy of round $3 level. My next buy would be at about 2.51. I don't see a trigger event that should take it much lower than what it is now. Much bad news is built into the stock. It appears there are no triggering defaults like RRI had and BK looks out of the question. Tax selling is a consideration but I don't see the MF unloading in October. Others may at the end of the year and I will be ready if they do sell it off. I think it's an interesting opportunity. It will be interesting to see how it handles sub $3