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la_trader

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la_trader

Re: YamInasty post# 29355

Tuesday, 12/22/2020 2:11:22 AM

Tuesday, December 22, 2020 2:11:22 AM

Post# of 29669
ch11 means they have protection from creditors, yet the business remains running and bringing in money. for a stock with no PE multiple and no profit- the case for pretty much all otc stocks, it's not as big a deal as you think.

or would you rather see no ch11 and a big fat round of toxic lending dilution adding a billion shares to the pool? that my friend, would be much much worse.

ceo is protecting the business. that is my take on the move.

My opinions are my own and are not a suggestion to buy or sell stocks. Always do your own homework.

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