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Re: kingfisher1964 post# 62

Wednesday, 01/20/2010 8:37:06 AM

Wednesday, January 20, 2010 8:37:06 AM

Post# of 102
Hi kingfisher1964

If they also missed December and the coming January service payments (4 payments including the already reported October and November), I'd expect that notice on or after February 1 (full 90 days).

If that happens, I would expect Chapter 13 (probably not 11) to immediately occur. Trafalgar being the largest stockholder and the major debtholder makes it Trafalgar's move.

I'm honestly wondering if a hedge or other sees that possibily and is pumping now to sell short for the possibility. It's why I'm not playing.

BTW...Trafalgar Capital is also a hedge.
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