Endeavour International Corp (ENDRQ)

[boscola42]

I just read the entire 8k released on oct. 14, 2014 which shows a rough draft of the restructing agreement(not set in stone). The only concern I have is some of the debtors will receive common shares(the smallest debtors). But that won't happen till after the hearing in Nov. All notes to debtors will be cancelled but new ones will be issued with dividends and interest paid on top of the new notes. I'm not sure which way this stock will go next week but I see it as an opportunity for PPS to rise because none of the noteholders can cash in. That also includes everyone affiliated with this chap. 11( meaning the company itself).I also realize certain people also only read first paragraph of certain documents and have no idea whats going on so they lose an opportunity. We will see what happens tomorrow. The AH press release was basically released in an 8k already so I don't know why this is such a shock. GLTA