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Strategies & Market Trends : IPPs and Merchant Energy Co.s -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (3349)1/5/2006 8:38:03 PM
From: Broken_Clock  Read Replies (1) | Respond to of 3358
 
The lawsuit claim was only for those holding MIRKQ and MIRPQ(PQ I think, not positive) when the stock ceased trading the other day. I believe it is still up in the air whether there will be a trading vehicle for the claims.

For the record, I believe MIR will either be bought out or merge sometime this year. I'm up about 20% overall in my Roth since I sold out all my KQ. I trust myself and I don't trust MIR's new mngt. any more than Marce Fuller and her scumbag thieving cronies. New management just absconded with about 5% on the new company stock. Thieves are thieves.



To: Oeconomicus who wrote (3349)1/5/2006 8:56:45 PM
From: Area51  Read Replies (1) | Respond to of 3358
 
Thanks I like $8.50 better and if it has a techical basis it's probably a better estimate than my guesstimate.

I haven't seen anything definitive on the litigation settlement. I've seen some speculation that there will something like a litagation warrant traded. I owned Glendale Federal that had a litigation asset that was traded under something like GNZWZ so I would guess they eventually do something similar at Mirant.

Best Regards,
Area61


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