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BullishTaurus

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BullishTaurus

Re: Tinkerer post# 240

Wednesday, 04/10/2013 5:26:57 PM

Wednesday, April 10, 2013 5:26:57 PM

Post# of 4034
The problem is that the so-called debt restructuring is looking more and more like a no-go and Blackrock seems to think so, too. I mean, seriously, it's already taken way longer that it was supposed to.

Prospect doesn't even have the cash to make the payment that was due at the end of March.

My take, they are going to dilute the hell out of the stock, either as stated on the contract to remedy the default or as a way to raise some cash.

Rule No. 1 - "The Bulls Make Money, The Bears Make Money, The Pigs... Get Slaughtered!" - Jim Cramer

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