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JEFFROCOLETRAIN

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JEFFROCOLETRAIN

Re: Microlytics post# 1760

Friday, 08/07/2020 1:33:24 PM

Friday, August 07, 2020 1:33:24 PM

Post# of 2648
Thats a common misnomer...thinking that billionaires losing 100 million is detrimental to their wealth.

Wilks brothers losing 120 million in this BK is akin to you losing 8 grand.

You took a chance, but it wont bankrupt you. You'll keep trading and make that money back.

Wilks brothers have plenty vested in other plays to make 120 million in a few years easy. Not to mention when Approach Resources comes out of chpt 11 restructure, Wilks will get a nice hefty portion of the newly minted shares. So they wont lose much at all.

AREXQ

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