Replies to post #1339 on Scottish Re Group Ltd (fka SKRRF)

[h_man_investor]

I thought I covered that scenario pretty clearly in other posts so I'm (no offense) not too sure if there is anything new here.

With the exception of one piece of the puzzle that I'm (as well as you) are going to be quite about.

The big question mark is that there are scenarios where SKRUF is wowth $25 and some where it's worth $0. Unfortunately, MM and Cerb will determine the outcome. As I've stated many times, MM and Cerb looking to maximize the recovery value of their investment. Unfortunately, this does not bode well for any securities junior to them in the cap structure.

IMO, the most likely outcome is $0 but that doesnt mean its worth $0.

I see the prospects for SKRRF to be even worse.