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Calpine Corp. Message Board

  • theonly49er theonly49er Dec 5, 2007 5:24 PM Flag

    JUST REMEMBER THIS

    CPN warned everyone about what is going to happen. They were straight forward with it. The common will be cancelled, PERIOD. I don't want to see ANY crying around here after it happens, you were given a chance to get out.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • CYBIL !!!!!!!!! You're still alive? I'm surprised no one's
      killed you yet. Especially that guy from Hawaii. I see you're still tricking the fools. Well anyway, party on you psycho.

      • 1 Reply to wuddoo_ewe_know
      • Mirant employed the same hard-sell strategies to convince existing shareholders their stakes were worthless...the BK judge obviously didn't share the "Corporate" opinion.

        Repeated because of the garbage reply above...

        At no time did the Mirant SHC ever suggest that existing shares were valued at >$4/share upon emergence from bankruptcy. However, with the Judge's questioning of low-ball valuation tactics and the subsequent issuing of warrants to complement share-exchange, the shareholders have fared quite nicely. Hindsight being perfect, I sold too soon (30 days after emergence from BK). However, I still hold 3-4,000 rights from pending Mirant/Southern litigation.

        I'm convinced we'll come out o.k. with Calpine...but I've been wrong before. Holding 43,000 shares.

    • Mirant employed the same hard-sell strategies to convince existing shareholders their stakes were worthless...the BK judge obviously didn't share the "Corporate" opinion.

      At no time did the Mirant SHC ever suggest that existing shares were valued at >$4/share upon emergence from bankruptcy. However, with the Judge's questioning of low-ball valuation tactics and the subsequent issuing of warrants to complement share-exchange, the shareholders have fared quite nicely. Hindsight being perfect, I sold too soon (30 days after emergence from BK). However, I still hold 3-4,000 rights from pending Mirant/Southern litigation.

      I'm convinced we'll come out o.k. with Calpine...but I've been wrong before. Holding 43,000 shares.

    • voice_of_all_calpine_knowledge voice_of_all_calpine_knowledge Dec 5, 2007 5:27 PM Flag

      ......if I cry---does that mean you won't take me fishin' cause you don't want a cry-baby on your boat????...


      ....Merry Christmas pal......

 
CPN
20.88-0.12(-0.57%)Jan 30 4:06 PMEST

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