is pxupa a buy?, page-54

  1. asf
    9,887 Posts.
    Not a bad idea, sharecall, to add to your holdings. I can't see why PXUPA holders would be afraid- reality is that even if PPX recapitalises, there will be money to pay for debts- such as PXUPA distributions. As an example of a recap, HST have a requirement to pay down debts, and I would think it would be the same here. We had a sellers or sellers yesterday- $920k changed hands. in some ways, it looked like a margin call seller, such was the nature of it. Today should be our busiest day, being the day before ex-dividend. No big seller and we should be right.

    Best of luck to holders.
 
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