InvestorsHub Logo
Followers 85
Posts 3089
Boards Moderated 0
Alias Born 03/03/2010

Re: Ship of Fools post# 4982

Saturday, 04/24/2010 4:46:55 PM

Saturday, April 24, 2010 4:46:55 PM

Post# of 7332
Why in the hell would they object to the Equity holders having a commitee to do Due Diligance for i think that the bond holders are trying to take this company over and screw the equity holders Listen there is NOTHING WRONG WITH DOING DD and research i think that they are scared to death that the equity holders will find HUGE value and that the commons want be canceled SO that the bond holders will end up owning the company ya the battle lines have been drawen but remeber this VSTNQ has over 1.1 Billion in CASH AND ANOTHER 1 BILLION DOLLARS IN A PULICALLY TRADED COMPANY so right there is over 2.1 Billion Dollars ALONG in assets vs what 2.5 Billion in total Debts so ya THERES VALUE HERE keep in mind VSTNQ Earned Profits of nearly a Quater of a Billion Dollars last Quater Along... Fords Auto Sales are up a whopping 37% over the last 3 months VSTNQ is fords largest auto parts supplier The earnings this quater should be another blow out as more and more americans turn to buying american made autos... theres clearly value here and some bond holders wants a fight well this Adhoc commitee and hedge funds will give them one hell of a fight and they have Millions to back it up with money is power DD is power and clearly the shareholders are in the right here not giving them a Commitee to do DD on behalf of the shareholders is just STUPID i think that the judge will grant the adhoc commitees request and not only that but the commons will remain in tact and their value is worth a hell of alot more then 1.52 a freaking share hell they made more then that per share in profits for a freaking single quater
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VC News