_ [letsdance] [Blaino] Frankly... the MINimum they might try... $3.22 is FINE with me... and as I have said before, "I'll party for a month at $1.00... so, not too concerned. They did redo all the contracts (Fall 2010 with the $3.22 rate... (place holder as stipulated in the contracts) so it seems it wll be there as a bottom. As for the top... I hear some WILD stuff... basically, I trust that the rate will be fair... so it's "when" that I am most concerned with.
I still think there could well be a "Double Pop" scenario as I posted in Nov 2010.... an initial "offering" rate to recover a chunk of 000 notes at a "discount" from the intended rate that may appear weeks later. Watch for Kuwait to jump to the middle $4's mebby $4.12 or as much as $4.78 at that time...
this 'could' be a precursor signal that the dbl pop is in play... so cash out (your cash is already "IN") as you think best.Some will toss enough into the 'ring' to solve current troubles plus make available some new toys n stuff, then observe the markets.