Replies to post #2876 on Elah Holdings Inc fka RELYQ (ELLH)

[Enterprising Investor]

Been there. Done that.

I just left for a while.

[Enterprising Investor]

I would ecstatic if I came up a penny short of historic cost.

Why? I would then have many thousands of dollars.

I am actually a little embarrassed that this one turned out so bad for me.

[Lone Wolf]

Basically, yes. There are soecific requirements to be able to benefit from NOLs in BK plays. Imo, its those obligations that need to be made to unsecured debtholders that makes this worth the risk...and thinking that's also the reason we see block purchases going through.