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Re: Dittak post# 16826

Tuesday, 04/19/2016 9:34:21 AM

Tuesday, April 19, 2016 9:34:21 AM

Post# of 36208
right on. I think some people see the potential of a BK and they just automatically think the worst, total and utter company shut down, selling of all assets and then closing the doors.

well that is some people, some folks here just wanna scream BK the company screwed you all, run now, etc etc etc -- we call that the robinhood complex /lol

but when in most cases with major & very large corporations (like the case was in GM) -- it goes back to what they say with the large banks and such -- ''to large to fail''

yes they will need restructured, yes they will need to sell off some assets and let go of some projects that are deemed 'dead weight' -- but again, like the case with GM, they will not just sell off everything, and then close the doors.

Hell SUNE has what - like 26B in assets with all the projects and such (if i remember correctly) they are not going anywhere IMHO


and hell look at GM -- the time frame we are talking, GM was trading at $2, then the BK, then the small R/S, and here we are several years later and its steady at 30$ +
-- If, and at this point its still anyone's guess, but IF SUNE does end up doing some form of a BK, then IMHO we will actually end up similar to the situation we went through at GM


(Trust ME, I would not lie to YOU!!!) ;-0)

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