*One last post on price before the auction tomorrow. I have to admit a touch of nervousness. Even though the various inside parties in bankruptcies are sworn to confidentiality agreements leaks somehow manage a way to escape and invariably some pre-news buying (or selling) happens before it should have.
This ATPG bankruptcy has had a real "poker face" when it comes giving outsiders like us clues as to just how good our hand is ...but when a Senior Secured 2nd Lien Bond is down to 5 cents on the dollar it's been hard to find a whole lot of encouragement. We'll see.
I'm still counting on the Ad Hoc group to pull this out.
But no matter who your heros are ..or how you see this going... Good luck everyone!
Learn something new every time you invest...and take it with you to the next opportunity.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.