People, this is far from over. It is true that we are now waiting to see how a specific group of events plays out. Te debtors POR has been given its chance, but in Gerbers own words, no one has shown that the debtors recovery is in jeopardy at all. All parties now presume full recovery to creditors. Recognizing this, Gerber is now challenged to figure out not if there is Equity recovery (this has also been admitted by the debtors POR) but how much. Gerber would have to be mentally challenged not to know the company and debtors will skew the outcome as much as they can in their favor. So, dont expect much price action in the stock either way. The stronger hands are still convicted or we would see it in the PPS (which would be melting down to below .20 if the debtors are really able to jam us) The fact that the PPS has maintained its bid where it is supports the notion of accumulation at these level. Dont expect an upward spike form here given all the event risk BUT, Skadden hasnt really been given their due and everyone with experience with Gerber says he is fair and no dummy. He has an obligation to all stakeholders. Hang tough out there and dont forget to vote :)
