The Dolan Company (fka DOLNQ)

[Liam_S]

The fact that we don't see mass sale or purchase activity tells me that no major decision has been made yet. The good thing about this whole saga is that the outcome is binary -- either settlement, in which case we'll see massive buys or the POR gets approved in which case the share price will tank faster than anyone can push the sell button. No activity on the preferreds at least tells me things are still in equity's favor so far.

Based on my reading of the documents on the court docket, the likelihood of Bayside winning this one is a lot less than the likelihood of Bayside losing. I predict a settlement at the end of it all... either that or the entire company is put up for sale, which will see this BK getting dragged out for another few months.