RE:Everyone knows Managment is trying to get something done..What could they possibly do? From what i have read, they don't have enough cashflow under optimistic circumstance to pay debt obligations in 2021. Another shoe drops and its toast. It doesnt make sense that a company would come in with a buyout offer for a company that doesnt generate enough cash to meet debt obligations AND pay a premium to the shareprice. The bonds are telling a story worth listening to. Not even getting a decent deadcat bounce after days of red. The only ones prospering from this are pumping daytraders trying to buy lows and selling a little higher. Everyone else has been shafted.
fundtrader wrote:
Matter of time , days or weeks is more like a real timeline for something to happen...