Replies to post #377 on Pioneer Energy Services Corp. (fka PESXQ)

[SC777]

With a clean balance sheet and $800M in revenue, you think a $250M market cap is out of the question?

I'm just looking at their market cap from last year, don't see why they wouldn't be at least there with a clean balance sheet.

[SC777]

You'd certainly have to agree it will be higher than $25M after emergence, because that's what equity is currently trading at if it's 6%.

I think what's happening here is market doesn't realize yet that equity is getting 6% and 6% warrants. Once it does this will go to proper value.