ExpressJet (XJT)

[downsideup]

Or not ? LOL.

So far, just a whole lot more of the same...?

Looks like the "defense" being played by the company is to allow the price to settle just below $0.40... after which they will say that they can't pay the debt in shares ? Or, is this the offense of the note holders, and are they trying to have it close just above $0.40 in order to maximize the number of shares they'll get... or just below $0.40 to have the issue be resolved outside of an issuance of shares ? This is a weird one, that's for sure.