InvestorsHub Logo
Followers 209
Posts 10752
Boards Moderated 0
Alias Born 02/17/2007

Re: PowerPlay1 post# 28811

Friday, 05/14/2021 8:07:23 PM

Friday, May 14, 2021 8:07:23 PM

Post# of 30429
Short TAWNF summary:

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.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.