Re: Thoughts on WCI?
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$8.96 now... wow. 0.49 price/book. Complete idiots for not taking his buyout.....
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Actually the buyout was not a serious offer. There were so many unrealistic contingencies that would allow Icahn to strip the company from their important assets at a discount.
I cashed out of my puts even though I think there is a significant BK risk still.
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