Patriot Coal Corporation (fka PCXCQ)

[frankj]

could it be possible they are waiting on the release of some disclosures, such as what PCX states what they are going to do in the BK and recovery outline?

From there they will see IF they need to take action since the disclosures may show that they plan on doing "ABC" when they were hoping for "XYZ"?. Or is it too late for them to take action after so long, and/or after disclosures on recovery plans have already been presented?

Just trying to figure out WHY they are waiting to do anything (besides what you also pointed out that they may also hold some of the debt as well)

I see a lot still held, so not sure why NONE of them have done anything.