MF Global Holdings Ltd. Message Board
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I will not sell even if BK. Played ++ bk's before.
company has too much value.
they had 1.23 Billion in Shareholder Equity
just 3 weeks ago. They only lost 141 million
in Equity over the last 6 months ! How can you
expect that Equity to dissapear, it hasn't.
I've played bk's where Common survived and
the stock went up. As long as we have steep
Shareholder Equity, it's just a process to
emerge from. Regulators forced MF to raise
billions in debt to post to the Euro bonds
even though they are only a few pennies under
FULL PAR. That is ridiculous. We're looking
at a value well into the 3-8 dollar range
even in any bk.-
I'm with you.. holding through bk
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$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
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Hummmmm!
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Naw don't sell hold on to it you dumbA-- you have no choice anyways
- 1 Reply to foolurset
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they have 6 Billion in Euro Bonds and another
1 Billion in asset sales to Interactive.
The book value was 1.23 Billion positive
just 3 weeks ago.
DIP financing will be easy to obtain.
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Are you selling now?
- 1 Reply to mghardy
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Once a firm has to start discounting best assets in the fire sale to raise cash, doesn't take long for value to vanish. Attorneys will get paid, bondholders will get a haircut.
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Hummmm!
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from my cold dead hands.
lol- 1 Reply to snow.ball7
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It lose $6b investing in European debt. Lucky if you could get 1 cent per share after declaring bankruptcy.
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