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esad1

01/29/15 7:56 AM

#16920 RE: Justfactsmam #16916

I do not think is had anything to do with ANY. The rest of their portfolio was kind of a mess and lots of commodity stuff. ANY as far as I was concerned was the most liquid and easily sold. The default under the convert killed them. I was surprised they did not liquidate but after seeing some of the stuff they owed I think they sold where there were bids. Those are the worst sells.

How mind you my scenario could be quite wrong but we will not know until Pinetree files its annual. But when you have a low float stock like ANY with no options it makes the chasm deeper. I so, I think they are pretty much sold out.