<<All that is true ... and I agree. Now one point is that the warrant holders did not exercise warrants even at .50 because of the arbitrage when this one was running like the wind. They MOMOed them period.
So the warrant owners crying is falling on deaf ear here.>>
Gary, I try to let comments slide and use my time working. However, do you realize that you are being a bully against those whose shoes you have not walked?
Many, including myself, averaged down, buying Ws as a salvage operation when the Cs were below 50 cents.
My intent has been to convert to commons if and when the price was favorable. It does take a bit of figuring on how to convert 158,000 Ws, @ 50 cents each, when my monthly income is just a bit over $300 and the farm lost $34,000 last year because of El Nino rains and crop price reductions.
This "Old Sarge" argued with high ranking officers for the benefit of my Squad, during WW2 (it was stupid to argue and a wonder that I was not busted, but my men came before myself and we made it home). Please stop bullying my MIDLW comrades.
With appreciation and thanks,
Marshall W. |
