InvestorsHub Logo
Followers 2
Posts 206
Boards Moderated 0
Alias Born 02/26/2014

Re: pennypicker3 post# 2508

Friday, 04/29/2016 3:35:55 PM

Friday, April 29, 2016 3:35:55 PM

Post# of 3209
Not confident a bankruptcy filing would change much at this point. Chapter 11 and chapter 7 are very different. An operation of that scale had potential to create shareholder value as long as their doors are open and commodity prices are in flux. Like someone here said earlier, discount for going concern risk is already built into this thing. A chapter 11 filing doesn't mean fire sale liquidation necessarily

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.