pb speaks out , page-13

Hi Doogs,

I remember that post. It wasn't well received at the time if I recall? But credit where it's due, you were right about the CR.

As for the fall in SP and it's fight back today, I doubt I could have said it anymore times without sounding senile that due to the arbitrage positions being set, the fall would be short term. Gladly, that looks to have been affirmed by PB this morning [although Dan may still think it's a fairytale?! Haha].

The Bonds float tomorrow, with the inclusion of the Stabilizing Manager and their Green Shoe option [as refereed by ML yesterday, thanks for that ML], we should see the gap between Bond price and Stock price narrow.

Happy[ier] days.