OIL UP AGAIN, AND CLIMBING NOW AT $51 A BARREL. IM betting the restructure will go well...otherwise the entire industry , not just FEs would be in deep trouble if banks weren't willing to restructure debt so that it works for everyone...
plus, FES has a decent balance sheet with about 700 million in cash... its not like assets are 200 million and debt is 800 million....
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.