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Thursday, April 18, 2024 9:31:13 PM
This CEO is pretty reckless in my opinion and it is beginning to look like he has little to lose. After operating a losing Merchant Banking business of years I doubt he has much in personal wealth to go after for any trading losses recovery. The other owner of this is now deceased as of last summer at age 75 and I believe this CEO is now 70. He needs to clear that debt if his Series "A" preferred ownership is to be worth anything. I doubt those preferred shares will ever be worth anything unless he can unload those on traders of Blackstar. As far as Blackstar's assets there isn't anything to go after there either from what I see. These very old note holders need to bide their time and hope for a window to convert.
No, people are wise to your same old bash techniques, anything to blame the CEO, anything to mock and make fun of longs,...
![Bearish](/static/images/ih2-bear.png)
Everything that I post is just my informed opinion and is simply an invitation to debate. Trade on your own due diligence please..
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