TAWNF Thai Airlines (15,000 employees) is looking to restructure debt.
March 19, it ran from 10 cents to $5.95 almost 6000%
Fell back to $1-$2 range for weeks after.
In April it fell 90% in a day as a flood of early retirees cashed out on their retirement accounts per a news article.
This week they were supposed to meet with creditors for a potential deal BUT that was postponed til next Tues.
Tues it shot up 200% to .30 range
Currently ..19 with highest ever volume today. Hit 85% .245 high Fri.
"If" thing go right next Tues, this will shoot back to $1-2 easily. But there is a risk. Depending on your tolerance; you could make large money. Also the risk of loss.
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