Cantor is a factor but, most importantly is that the corker bill is losing steam. I weigh in the bill of rights and watts. watts is a puppett that maxine water supports. Also more heavy weights are now in the juniors. The commons and preferreds are linked at the hips. they are both equity, the two companies are still owned by equity. Unless they will go into rship, IMO IMO IMO the heirarchy SHOULD not matter in terms of getting paid because FnF can cover the dollar amount for all the preferreds and still have assets left over. Most importantly is retained earnings...once net zero is acheived then the taking argument really heats up. at that point there will be action and the money is betting on equity getting paid....
so yes, this goober is buying commons because its cheap. I have accumulated close to 50k shares so far and will buy more. big things to look at are:
I just checked my schwab and on schwab it said greys. SO now, I am not sure......I do remember the last CT that was uplisted there was this kind of confusion on updating. I could be wrong on this goobers. But still nice to see volume. Sorry.
Hows da goobers in der gooberland? I have not read the chatter there in a few days. I am taking a break as I wait. The chatter dont really matter anyways as 10/3 is near and volume is still way under 1% of OS. I do think 10/3 will be the final payment and they will satisfy the POR. The one point most miss is the 12 billion is cash and the only one goober who sees this is on yahoo LOL. I will give credit where credit is due. sixfoot caught it.
The 12 billion in cash is key because they CANNOT keep cash....so the cash will be used to payoff the POR. They will keep cash for operations which IMO will be 2-3 billion, maybe less.....go figure..devil