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dragoon76

12/11/12 8:58 PM

#17375 RE: Opti Mist #17373

Of course, you're going to say that
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dasani500

12/11/12 9:18 PM

#17380 RE: Opti Mist #17373

The thing that bothers me most is the bondholders who are on the Creditor's Committee are also short the stock. Bondholders almost always short the stock as a hedging transaction. It's like the fox guarding the hen house. They get .61 on the dollar for their bonds and 100% return on their short position. Of course they are going to approve the deal. Who is looking out for the common stockholders? Where is GE, the largest shareholder?
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Cold Mountain

12/11/12 9:21 PM

#17381 RE: Opti Mist #17373

"If the foreign investment committee has not approved the sale by January 15, the deal could still close by transferring A123 to a trust controlled by U.S. citizens, which would not need CFIUS approval."

US Citizens? As in taxpayers? As in Obama's research group? How about transferring it stock holders and let us liquidate it. LOL
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JL1585

12/11/12 9:22 PM

#17383 RE: Opti Mist #17373

Check your math for the ratio, no mathematician but think its inaccurate