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everett7

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everett7

Re: stockjob post# 356

Monday, 02/24/2014 11:09:37 AM

Monday, February 24, 2014 11:09:37 AM

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Keep in mind that even with a bankruptcy, the value of the company here is much greater than the outstanding debt - there's only about $120M of debt outstanding, the company has about $250M in assets and 30 million shares outstanding. Do the math, this is why I'm buying, and there hasn't even been a BK filed yet. Great risk/return here.
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