Yes I did but that's not bashing. I have always had respect for his blog and others. The money does seem that way to me but who knows.
Commons shnommons. I own both and respect all here including my favorite FRANK F. Let's not forget that we are all in this together weather it's commons or Preferred shares. I own a 50/50 split between the both. Tim is doing good for us as are others who are voicing concerns. We all have one big goal and that's to get our company back!
Please convince me otherwise.
Bruce is always right.
AAPL could fly to 102 this week lol
Yes but why not hedge incase, what is preferred gets all back and common shares get like 2-5. I may even bring my position to 60/40 preferred.
1. You still get almost 1000% upside in some preferred shares.
2. Yes commons have more potential but what if only preferred survive.
3. If New company is formed preferred will most likely convert to New commons.
I'm long both and used this sell off to balance 50/50 in commons vs preferred just incase the unthinkable happens. Gov has smaller chance of destroying the preferred shares.
Does anyone know the true number of shares outstanding or market cap? Are they still having problems with IR shorting? I don't see any huge volume days anymore. This company does have real assets so what gives?