Volume Surge - Big Move Coming Next Week
Nearly one million shares traded. Highest volume in two weeks. PWAV must declare in court their intention to reorganize or sell assets Tuesday....
IMO, Gores Group has taken the lead in salvaging the company's assets out of Chapter 11 - preserving the interests of Clear Lake, Empire, Deutsche Bank, and their own - and will resurrect the assets (likely later sell them at profit) as a profitable company.....
But, unfortunately, at the expense of common shareholders....