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Sunday, June 25, 2017 10:14:39 AM
R/M like this are a gift to get out if you didn't the last time it bottomed out. Averaging down yet again on yet another forward thinking company will be yet another hard lesson for some. As the old debt holders are always lurking around for another payday!
Wasn't it the old debt that did the company in before? And it still remains now?
I suspect DiPrima and pals will drum up some creative financing to bury some of it - even claiming some has been "forgiven" and some given back to the holders.
Lessons to be learned here. More lessons.
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