Interesting Thornburg Mortgage May File Chapter 11 Bankruptcy | TMA Message Board Posts


Thornburg Mortgage Inc.

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Msg  1299 of 1306  at  3/18/2009 5:51:21 AM  by

Billy Bilgewasser


 In response to msg 1298 by  Stockforfun2002
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Re: Interesting Thornburg Mortgage May File Chapter 11 Bankruptcy

"Why in the heck would MP give back common shares?"

It appears clear that MP is arranging new financing that will be harsh on common shareholders.

But in my view, it will still be far better than bankruptcy.

FWIW, I bought more shares yesterday at a weighted average cost of 2.32 cents.

If this doesn't work out, I'll be cleaning bilges forever.

Billy


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Msg # Subject Author Recs Date Posted
1300 Re: Interesting Thornburg Mortgage May File Chapter 11 Bankruptcy Stockforfun2002 0 3/18/2009 9:42:15 AM




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