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MattySR

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MattySR

Re: None

Wednesday, 09/16/2015 5:52:28 PM

Wednesday, September 16, 2015 5:52:28 PM

Post# of 41703
Correct me if I am wrong about TXT, but GTAT is trying to dispose of the 20 mil or so in claims on the basis that if TXT does not pay back the 7 million GTAT payed TXT in the "preference period" before BK, there only legal action is to dispose of the 20 mil claims, correct?.

If I am right, and GTAT is successful, that would be huge for the balance sheet in terms of the general unsecured debt, not counting bond debt.

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

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