it is part of my IRA, and I said so in my letter. I just hope I am not "judged" for this.
Given increased volume in the preferreds and some interesting activity on the bond desks, I wonder if I should buy another lottery ticket at fractions of pennies on the dollar...
Got to happen somewhere sometime..
The timing is perfect. The people need to see that BP will suffer consequences. This is the perfect PR case.
May I suggest if ATP is part of your IRA or a component of your 401K that you put this into your letter.
Going to need hundreds of letters not a few to several dozen.
They need to be independent.
They will undermine template documents.
Your better off to quantity the amount of shares you hold. Then print off verification of those numbers. Black out with permanent marker other nonrealative information.
Then state to please protect your rights because you are just a normal fool.
All share holders should write the court...I did! Support your shares...new or old.
You can see more information at investorshub web site in the message board under ATPAQ.
See template at message # 2331
See how to supports court doc #3315....we need to ban together and write the court. do it! Billions of $$ at stake from BP and your letter "will" help!
All share holders should write the court...I did!
You can see more information at investorshub in the message board under ATPAQ.
See template at message # 2331
this supports court doc #3315....we need to ban together and write the court.
What you want and what you can get are two different topics. We are reading wants at the moment. And you know the famous line from the Rollings Stones..lol
Management overspent and worked shady deals in an attempt to burry itself in debt and undervalue its assetts . We need not less than 6.6 billion according to Meyers.
Why would anyone click on the "unlike" or thumbs down tab??? Please, correct me if I'm wrong but is this not good news? SMH.....
Yes the second lien holder is pushing for a reversal from chapter 7 back to a chaptrr 11 under the grounds that it was irresponsible. Then ultimately a pay all situation, and a potential full recovery.
Several difficult hurdles ahead. But what an exciting BK case. The shareholders are lucky to have the second lien holder right now.
Buy that man a beer.
Per KCCLLC docket 3315, it looks like ATP shareholders have parity with secondary lienholders in a negotiated settlement with BP. Asking for $3 billion without punitive.
They could settle much sooner than your predictions. .DUMBO
You never understood the claim is an asset.
you never understood that time is not a constant, but rather a variable and therefore can be bent.
You can lead a horse to water but you cannot make him drink.
watch and learn
the trustee believes the BP claims to be the largest remaining a set of the debitors case the trustee would like to schedule a conference with BP to establish a mutually agreeable mediation to possibly result the claim and an expeditious and cost efficient manner
What would you say if that move ge made now gives him deniability to knowledge of the BP Ruling. Because he is honorable yes...you DUMBO.
There is no 8K stating that the shares have been canceled.
Understand the verbage used. "It appears". And "bondholders"
Yes, I understand the time elements.
To a degree..yes the company has a strong case that it cannot wait for lawsuits...etc.
However things are far more vompkex and complicated than you can understand.
And now..BP lawsuit "gross negligence" a new and expected twist.
plus the countless possibilities I will not get into yet...
it would ruin the fun