Monday, March 2, 2009

Citi Issues 8K Clarifying Preferred Exchange Terms

Read all about it here. Looks like discount to privates is only 5%

Summary of public preferred terms:



We are perusing cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 8K currently.

Seems public preferreds are happy. C AA stock spiking after government announces conversion number of public prefs into common shares will be equal to cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 privates after all... unless we are reading this totally wrong...

update - odd selloff in preferreds now from highs of $9.75. Nothing to see here...


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11 comments:

Anonymous said...

T Dizzle- your analysis couldn't have been more wrong. Hope you sold this AM. Citi tanking like cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Titanic....-18%

Tyler Durden said...

variable was cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 definition of premium. seems citi meant parity after all. C is option value here.

Anonymous said...

Whats cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 biggest reason for this selloff? That all preferreds are going to be converted in equal numbers?

Tyler Durden said...

no f'ing clue what is going on anymore.

Anonymous said...

stock is going to break $1 today

Tyler Durden said...

what are odds of anocá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365r short sell ban? keep in mind you are dealing with insane asylum patients

Unknown said...

I like to consider all unknown odds to be 1 in 6. Given cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 people in charge of this fiasco, roll cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 die and hope for cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 Yatzee.

Anonymous said...

Exactly how many C shares/toilet paper are cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365se worth at 95%.

Anonymous said...

Exactly how many C shares/toilet paper are cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365se worth at 95% acceptance.

Pretty simple question.

Anonymous said...

You were happy to spread misinformation about cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 deal, but a simple question goes unanswered.

Anonymous said...

I have 162 of cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 series T preferreds. At 13 common shares per preferred - this is a great deal for me.

What date is this supoosed to happen? Will Citi send me a letter with cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 offer?