Frontier Communications Corp. (fka FTRCQ)

[Value_Investor]

No, 100% the other way: part of total 38.3M shorted shares were covered in a rush during the rapid price rising procedure --- from the previous Bottom $0.18 to nearly $1.0 because those shorters were squeezed to chase up in order to cover their huge shorting positions! I believe a much much stronger shorting-squeezing effect will kick in as soon as tomorrow... Now we know why nearly 10M shares were Quickly bought at $0.9xxx ~ $0.3xxx a few weeks ago right after the CH11 bad news!

I'm wondering if the company will finally give all the FTRCQ common shareholders 10% ~ 5% of the reorganized New company's shares like its CH11-"Q" peer PESXQ just did --- nearly 6% of New OS shares will be given to all the PESXQ shareholders? If that happens here then FTRCQ might surge back to Multiple Dollars or even higher price levels based on just 104M shares FIXED Small OS count! By the way a "Q" stock always has the Same FIXED SS, Zero dilution here and the OS was never increased!

Will FTRCQ (CH11-"Q") replicate its CH7-"Q" peer's post-bankruptcy performance --- SHLDQ soared 22.893-Bagger to $2.77 from $0.121 in a Quick Huge rally without any positive news at all? If the answer is "yes" then FTRCQ will soar back to $1.83373 from its New Bottom!

Note, SHLDQ has -$48.62 per share Book Value and +$4.81 per share Cash Value v.s. FTRCQ has -$41.79 per share BV and +$7.24 per share CV.

Anyway after the CH11 this bankrupt stock ever Quickly surged nearly 5-Bagger within just two days! To replicate the same performance, FTRCQ will Quickly bounce up to $0.4 as soon as the day after tomorrow...

https://www.stockcharts.com/c-sc/sc?s=ftrcq&p=D&yr=0&mn=2&dy=0&i=p33600450372&r=1359822341602