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contrarian bull

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contrarian bull

Re: timtxus post# 1593

Friday, 09/04/2020 3:53:01 PM

Friday, September 04, 2020 3:53:01 PM

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Does today's price action suggest that someone in the know knows that there will be more than a nickel a share left over from the bankruptcy to distribute to shareholders? Or is it just random speculation?





Don’t know, but it went down as low as 6 cents on its first day in OTC. But you are right, the missed revenue doesn’t change anything. IIRC, the stalking horse bid of a billion, should leave shareholders about 75 to 80 cents a share.
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