News Focus
News Focus
Followers 0
Posts 435
Boards Moderated 0
Alias Born 02/26/2007

Re: griff100 post# 179

Friday, 03/30/2007 11:23:16 AM

Friday, March 30, 2007 11:23:16 AM

Post# of 235
Au contraire my fellow investor. You should consider the effect of the Senior bonds too, plus is the 87% issue after or before the R/S. However, I agree that this is looking interesting. Look, it has Assets worth Billions, thus, fixing the liabilities by $770mil debt reduction would render this stock big-time value. P.S. all this is suppossed to begin in April 4th (next 3 weeks). Keep in mind that it was shorted 3 months ago from $7 to $0.60. Big-time play IMO. Remember TIE 3 years ago. They did 1:5 R/S then fixed their share structure and financials started looking good, then they rewarded their shareholders with a 10:1 F/S when the stock was $5 and later and a couple more 2:1 F/S. Look at TIE now( 1000 shares @ $5 would now be 16,000 @ $30. I hope SWSH will work the same way. SWSH is even better financially than TIE then.


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today