Sorry...just realized I didn't reply to your Q. I think if that was what lied ahead, we would have seen it already. Bond holders wouldn't have worked out an alternate payment arrangement if it wasn't in their best interest.
You don't see it yet in the ask, but big lots have started hitting the bid in the past few days. IMO, looks like confidence is slowly retiring at current pps. Now we just need oil to follow.
Lastly, last week's She'll deal is the beginning of a consolidation in the industry. This is a good candidate for a take-over. Still holding true to my targets...mid-60's a month or two out.
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