just a few thoughts that come to mind:
** if the new laws says NOL carrybacks can go 5years, then they can claim the big losses still in a few years, thus beyond a short term investing time frame, if I'm correct.
**they just filed that they are delaying their 10K, which would contain the same data that they'd use in their tax return, right?
- a question: is the corporate taxes due same as individuals --on Apr 15? Point is with the delay, who knows how long we'll wait? they still have to contend with the FDIC on one NOL, that creditors might also have a claim on.
IMO quite possibly we'd see news on a reverse merger/merger or the like before the answers to those questions, since the play here is based on another party's possible use of the NOL's and a rescue of the trust preferred shares/series debt.