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investor2004

04/01/13 8:13 PM

#930 RE: big-yank #929

Bottom line, its a growth industry for many years in the future with the baby boomers. I do not think any of us can argue that. Just an issue of what it will look like here in a year or two IMHO. Lots of changes. Still hoping ROHI gets picked up by someone prior to the BK. But, it honestly could go either way I suppose. Still think the insider actions are important. Can not see any reasoning with such a low float of them buying more at a 30%-40% premium to the stated settlement price. I still think they will force something different from what it looked like in the 8k. But, I guess we will see since the window is here to 4-15 unless they get an extension on the forbearance. The way I am understanding it also is that the primaries are still in tact and not in default. Therefor, could still have something happen with an outside force or insider holding stock to elliminate the secondary notes for equity. I guess the bottom line IMHO is, is Rotech with the primary notes still in place worth more then 292.65m? Good question, I still think it is and maybe someone else will also out there.

As far as SGnA, you are on track there Yank. Rotech really has a problem with that, to some extent because of the debt, but to another extent because of the upper management feeling like they are at a different level then they actually are running a 500m a year company with 4k employees. And we still have the issue of where was the warnings of BK? They referred to one statement at some point in the past but I think they are behind the eight ball in a class action with the big investors because there was not sufficient warning of BK as a potential IMHO. But then again, could be wrong I suppose. Either way, should be a fun ride. Hopefully it will end up on the up side of things for JT and I here and any other retails still in the low float.

One more thing I was thinking about also today was the fact that what about all those lower level executives at maybe a regional level or VP who hold stock also? Those are not figured into the float estimates because they do not have to report. Wonder how many of those shares are out there further reducing float. What are your guys thoughts on that as an estimate?
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J.T. The DD King

04/02/13 2:21 PM

#932 RE: big-yank #929

Momo's lose all forward momentum 2 weeks from tax day, and two days from Jobs report, & unemployment claims. Plus we still have crappy, shorting MM's playing here. From my experience I think we might have another crappy market day tomorrow, a 1/2 bad day Thursday & will run green on Friday. Most tickers that are not fueled by news or other momentum are all doing the same thing or doing nothing during most of this week.