InvestorsHub Logo

Joe Stocks

10/11/13 6:44 PM

#34868 RE: camaro4me #34860

You have 12B so far - how much left to sell?
If I told you everyone would be trading on it

(Just what would they be trading? only 4 tickers trading that I know of!!!)


He was talking about trading on the bonds. The higher the recovery, the higher the bond recovery would be.

I don't understand the $12 bil figure though. It sounded like that is what he sold so far, and he implied he did not have much more to go. In 2010 they were estimating $12 bil in real estate alone.

http://www.crainsnewyork.com/article/20100419/REAL_ESTATE/100419855