InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,226.40
(
-0.17%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.43
(
-0.68%
)
Bitcoin
64,299.69
(
-0.80%
)
Post# of 62039
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Warmy

Send PM Follow Ignore
Followers 43
Posts 4091
Boards Moderated 0
Alias Born 03/13/2009

Warmy

Re: Albentra post# 50209

Friday, 10/02/2015 5:16:26 PM

Friday, October 02, 2015 5:16:26 PM

Post# of 62039
The case wasn't "thrown out" per se. It was dismissed and ruled as a SARE.
In this situation, a company (SIRG) has two options...

(1) make payments to their creditors.
or
(2) present a plan to recover (the OROT buyout / merger).

I think they are going with option 2. Who knows?

May turn out to be nothing but could be a good lotto play around these prices.

All IMHO

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

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.

Sign Up