Comment by
truestar2 on Nov 12, 2016 11:53am
Executives are definitely not the best stock pickers of their own stocks - Private Equity is looking long and hard at both Valeant and CXR - deals potentially made this weekend
Comment by
derekli on Nov 12, 2016 12:21pm
so how to explain the recnetly price action? why after chariman sold price up almost 30%? and is the bonds broke 30 bankrupt? they find a new ceo to lead the company go to bankrupt?
Comment by
truestar2 on Nov 12, 2016 12:26pm
AAPL was technically bankrupt when the stock was $3 - if the shorts don't think the bondholders can be negotiated to receive 30 cents on the dollar the shorts need to bone up on their research. If you don't think Apollo, Blackstone, or even Ackman are in here taking a look then you are oblivious - lets see what happens on Monday - is it 2 or is it 5