purrfectcalm, Fair assessment...especially when they had room on that line of credit, based on the info in the filing. Has to be more to it, but none of us are privy to the details. All we can do is sit back, have a drink, and relax. IMO/FWIW
If it is as bad as the filing states I would have expected a much heavier trading day. Having said that I'm holding my breath for tomorrow but I didn't see where there was major panic concerning huge selling.
This is the third default filing in less than a year. I would hope on the third time they get it right. What do they say about things happening in 3's?