Akorn Inc fka AKRXQ

[Finvestonomics]

Certain hedge funds may be snatching it up because if they can buy enough holdings in it they could be getting a profit after all is liquidated. I’m personally bullish though and have snatched shares up for two reasons: 1. Fundamentals are solid and some of the best for a value stock of this position and 2. I theorize that a capital restructuring through chapter 11 may alleviate their interest expense and liabilities therefore freeing up further cash flow to the bottom line and netting higher eps for investors.