Alibaba will by Sina and if not BIDU will, I just hope you investors take this back over $150 so this doesn't happen and maybe SINA will buy YOKU instead of TUDO which it invest in. Sina is the very best and the true value will show in the next few years .HOLD and buy any price under $150
As you suggest, and as anticipated in part by the suit, the ruling could allow the judge on the recommendation of the plaintiff that the previously swept funds could be used to reduce the liquidation preference of the Senior Preferred as a simple means to redress the net worth sweeps and perhaps the liquidation preference redemption rules of the Senior Preferred as a whole.
I doubt that the liquidation preference provision for order of compensation at liquidation or dividend distribution will be changed. That rule is a standard contractual venture capital practice and is generally unrelated as unique or special provision of the PSPAs. It is found everywhere in the venture capital world. here is no guarantee that the decision will return the DTAs from the US Treasury. However, there is money left in Treasury draw that is allotted to the GSEs.
Winning the Perry Capital lawsuit and vacating the third amendment would mean we go back to the original arrangements of the PSPAs. This protects the GSEs net profits and capital, keeps the GSEs safe and solvent and indirectly protects and increases the shareholders' current stock value
afterwards as well.
Hold because 60 percent coming and could be tomorrow with this volume, $8 and real fast and probably faster than you could BLINK
Buy in the morning when it starts to rally up, you getting it cheaper than shareholders who bought at $5.50 few months ago
I'll be thing of you and so glad because it couldn't happen to a better guy! Happy Holidays!
There was never positive news, what are you smoking? The government has control of the 2 companies and will get rid of all common shares and take it off the market soon. The 2 companies will be put together and will be wind down by the treasury down the road it could take years but common should be gone 2014
why? it owns by the government, you guy are not needed and you will be finding that out soon enough. Do you realize your not getting any dividends it all going to the government because they own the 2 companies, your investment at 5.00 a share or .30 a shares means NOTHING! your not invested get that in your head.