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MattySR

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MattySR

Re: None

Thursday, 05/25/2017 8:58:33 PM

Thursday, May 25, 2017 8:58:33 PM

Post# of 4800
Preferreds getting interesting today for the second time. First time was close to 20 cents a while back :P

Commons, even at 4 cents, look horrifying based on how desperate the debtors want to undervalue this comp and issue new stock. Preferred equity is pretty close to break even on the high end valuations performed by debtors, so there may be negotiation room here.

Bankruptcy law needs to be re-evaluated.

(and yes I'm caught up with this BK, including todays 8-k and todays responses to the exclusivity motion)

Why must Longs and Shorts hate each other? Can't we all just get aLONG?

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