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S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,168.00
(
0.52%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
81.98
(
-0.18%
)
Bitcoin
66,197.15
(
-0.66%
)
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MBoomer17

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MBoomer17

Re: RobNThaQC post# 26746

Thursday, 03/13/2008 5:25:39 PM

Thursday, March 13, 2008 5:25:39 PM

Post# of 58654
SCA Earnings out...its a mess as expected but it looks like they can avoid BK for right now...

"SCA expects that the Company's independent auditors' opinion will not contain a going concern explanatory paragraph. The Company also expects that such opinion will be unqualified, but will include an explanatory paragraph highlighting the Company's decision to cease writing new business at the
present time."

The market appears to be responding positively so far, hit .80 afterhours, now some buys going thru at .75.

Up from an ugly close of .63

This could be real interesting tomorrow...

I think the chit numbers are built in as well as fears of BK.
I am guessing it goes up tomorrow and retests 1.00

But wtf do I know...

Just my opinion...


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