Replies to post #1473 on CIT Group, Inc. New Common (CIT)

[wantogetrich]

This is an obvious gainer! I bet we will see $2.20 again today and higher. There is no more risk this is a viable plan with a great company that is over 100 years old! They are not going under or any where near under. THis could not have happened at a better time. The market is pulling back giving us all a chance to add, add, add at these low prices!! So let's add and screw the hedgies!!!

[Gileon7]

I believe it is a threat to get what they want, but a threat that they can follow thru on. It was suprising to me the jump in pps PM that followed the announcement last night/this morning.