RE:RE:RE:Market is more positive than this board ? This closure of the deall sets the stage to free up to negotiate their next step with regards to the renegotiating terms of the remaining debt..
The SP action this morning, subsequent to the slightly negative outcome was expected...I sold the rest at the open this morning and now expect it to find a good base to get back in. Next catalyst obviously will be the numbers and I do expect a run-up in anticipation of that once it takes in the latest event.
Nothing really negative here just didn't meet everyones' hopes I guess.
Settling anything above 60 cents in the short term prior to earnings is positive IMO.
Shamhorish wrote: bicente, yes fully agree asyou said
(". I want to hear that the debt is renegotiated and under control or else I'm taking my parachute , and I won't be alone )
if martel does not how theygoing to handle 10.5 bilion with 3.0 billion proceeds, it willnot be a good sign
if debt is not rengociated, or if ba could not obtained new loans at about 50% lower interest rate than what they are paying now then ..........red alarm