Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ATPG Shareholders -- Ignore unavailable to you. Want to Upgrade?

To: kollmhn who wrote (487)	9/6/2012 10:06:06 PM
From: alertmeipp	1 Recommendation Read Replies (1) \| Respond to of 3620

kollmhn, you don't even see value at 2nd lien now. LOL

To: kollmhn who wrote (487)	9/7/2012 7:58:50 AM
From: Flipper2058	Respond to of 3620

Kollhmhn...I a lot of people are missing the value in warrants. They do this more often now. IT does not dilute the existing estate. Like an out of the money call option. The time premium can worth a lot. And that's how they price them, via option models. GM's recovery to the unsecured was over half warrants, and A and B. We got very little common. But it was in the $30's, if I remember. This is what I'd fight for in if an equity committee is established. The existing holders get a "fair", or so it is said, recovery of the estate. In maybe the 2nd lien case all the common. But the preferred could get an out of the money warrant/s.