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marayatano

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marayatano

Re: nwsun post# 5558

Thursday, 05/30/2013 2:36:40 PM

Thursday, May 30, 2013 2:36:40 PM

Post# of 7508
No BID and lowered ASK means Bond holders are not confident in their recovery (amount) = Bad news. There was always a BID until today (after the entering of yesterday's Order). My speculation is that "they" want to see if the Union strikes and force Patriot into liquidation or not.

Bonds holders come before shareholders.

Bond Maturity means nothing while in BK, just noticed that they mature tomorrow.

imo
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