this morning’s report shows significant improvement.
“During the Projection Period, consolidated net sales are estimated to grow from approximately $2,729 million in fiscal 2015 to approximately $3,308 million in fiscal 2019.”
as i have said they have reserved huge losses that would be reversed. this is the first time i have seen them acknowledging that 1.2 billion liabilities as “includes liabilities subject to compromise prior to emergence” uhnder footnote 7. always read footnotes. that is where the money is hidden.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.