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rocketeer357

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rocketeer357

Re: jimmybob post# 2650

Friday, 09/11/2009 8:19:32 AM

Friday, September 11, 2009 8:19:32 AM

Post# of 6308
Yup. I'm thinking they scraped the bad news into one hellish PR: the last one issued. We know the finances, at least the interest due, won't be a problem, and hopefully these contracts and job openings will translate into decent margins.

Clearly the company got ahead of itself. It's been a painful adjustment, but here we are, trading at 100% below the nickel mark that was the benchmark for all the refi.

I've got a few lowballs in in case anyone else gets frustrated and needs a 1000% return by next Tuesday.
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