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Post# of 113885
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larrybaz

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larrybaz

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Friday, 01/27/2023 9:45:33 AM

Friday, January 27, 2023 9:45:33 AM

Post# of 113885
SI - Shorted some around $13.09 on suspension of the preferred dividend. Supposedly the company has $1.2B shareholder's equity, but decides to suspend the $2.7M quarterly preferred payment. In addition, they operate in a sketchy space. Stock down from a high of $162 last 52 weeks.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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