bdo valuations, page-24

and the market says its only worth 22c
........................

I dont agree. All this talk about "the market is always right" is fine IF the market is unfettered, that is , free of restriction and the market is doing what it wants to do , not what it is forced to do.

While JP Morgan is FORCED to sell as opposed to WANT to sell then the market is not free choosing and is "not right".

When the market becomes free and unencumbered of this Morgan limitation then maybe we might have a case to say the market is right.