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Re: 2morrowsGains post# 7093

Friday, 07/27/2012 12:04:46 AM

Friday, July 27, 2012 12:04:46 AM

Post# of 10861
re ATPG, the bonds are selling at a mere $0.38 to the dollar which implies a high risk of bankruptcy .... hopefully fear is a big factor behind the plunge, but the bond market is generally fairly accurate in reflecting risk.

I'm pessimistic, but the stock could be a multi-bagger at $1.50 if they can avoid bankruptcy. They could sell assets to raise cash ..... it's certainly going to be interesting to watch developments.

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