Hey, somebody BOUGHT 400,000 shares after the ruling came out. And the shares didn't nosedive to zero with no bids from the get-go. The judge's ruling discharges matters before the court relating to motions filed regarding Rotech's amended bankruptcy plan. But a bankruptcy judge cannot wipe out either civil or criminal issues not yet presented, at least from my understanding.
Anybody think Obus might have a rabbit or two in his hat that were not placed in evidentiary discovery and might have been withheld for precisely such an unfavorable BK ruling? These guys didn't just fall off a turnip truck. The big money would be with the noteholders and not necessarily Rotech, per se, if as an example some collusion might have been involved?
Thoughts?
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