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Re: H-Tex post# 920

Wednesday, 12/15/2010 8:53:16 AM

Wednesday, December 15, 2010 8:53:16 AM

Post# of 55621
Well after venting and a good nights sleep, I do see the positives. I would expect a PR soon to clear up any questions and to let us know the future for 2011. Sounds like they have a plan for 2011. this is the time of year for write offs and to address the balance sheets going into the next year. With that being said, I'm looking for a positve PR with a better position going into the next year. As far as the debt and negotiating, it can go either way. They may agree for new terms ie. interest rates and maturity of the loan or an option for cash up front with a large discount. How they plan to pay for it will be the question. In any case I do agree with you they will be better positioned after this scenerio develops.

Like you said risky,but looks like they are not throwing in the towel. Steps in the right direction.

May see some lower PPS until news. Not worth selling for me at this point, down too much. Riding this storm out.

IMO