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nuubie

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nuubie

Re: Bushmantrader post# 2811

Friday, 04/20/2012 6:14:38 PM

Friday, April 20, 2012 6:14:38 PM

Post# of 3734
(edit)Let's not forget Comerica can pull the plug at any time before 4/30/12. If KADR has a white knight lined up that will give them $20M let's say Monday morning then that's good.

If KADR files bankruptcy Monday morning then that's bad.

Time will tell one way or the other with a definitive deadline intact. There will be no more shuffling or wiggling around the facts once this final verdict is in.

I think KADR has a buyer lined up for the "Services" segment and waiting for that to close within the 2 week time frame before Comerica forecloses. Looks like KADR warned against trading in this stock for good reason.

Good Luck.
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