InvestorsHub Logo
Followers 254
Posts 28435
Boards Moderated 4
Alias Born 07/07/2004

Re: ASimEE post# 4437

Wednesday, 01/14/2015 9:28:31 AM

Wednesday, January 14, 2015 9:28:31 AM

Post# of 6457
I'm observing as "Morons Throwing Money" (as the WSJ called them) arrive on cue, triggered by the promise of $500 million in Debtor In Possession loans upon BK filing. Such loans are no big deal because DIP funding is usually easily obtainable. In BK liquidation, its repayment is high priority, and certainly ranking above shareholders.

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

Join the InvestorsHub Community

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.