I think what he is saying is that, for all intents and purposes, they are effectively like a bk stock, without actually having gone through the formal bk process.
Stock is down what, 95% + ?, company is dark, seem to be shutting down and moving etc. - what he meant (I think) is that the stock might as well be a bk stock because of the chart and all the indicators from the company. That the stock is acting as if bk is already priced in.
(pretty sure that's shat DPS meant from his post)
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