fsshon, thank you for an excellent post. I have not said much about this ordinary loss of between 5-6 billion but you are correct we will have to know something by 12/31/2012. At the worst and they only utilize the ordinary loss we are still at five dollars a share. Not anything that I would expect from these money people but that is the worst I expect.
I agree with everything you have posted and I come up with the same information from my due diligence. I remember when Rosie was trying to gert the WMB stock abandoned in Decemeber, 2010 (I think) and for Walrath to sign the POR a week or so later like the very last week of December 2010. All Rosie asked from the IRS was a PVL on the NOL's so he could misrepresent and show Walrath to get the POR signed. It did NOT mean he would follow through and use this letter, he would have got another PVL from the IRS after the bogus confirmation and maximized the NOL's. Now nothing has changed other than some time has passed and retail shareowners that are going along for the ride. We are in the money and it is just a matter of how much IMHO!!!
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