Post by
Lostinmarket123 on May 20, 2016 7:18am
Do not buy and hold
This company is not one which you buy and hold ... With no growth story I wouldn't be surprised if this tanks to teens and then to single digits ... Only way forward will be debt restructuring ... That can happen by dilution to keep revenue and growth going ... Selling major assets will invite lower valuation ... But that is what the street wants so that they get cheap assets to play with... Street wants high quality assets to be sold at least price... The other way will be letting the company towards bankruptcy and get bad debt cleared at cheap price... Company will stand to gain most in this case as it will mean 30billion might be negotiated to 20billion under bankruptcy protection laws ... Equity holders will die but company can re enter market and resell shares just like many companies have done... I believe dilution is the best path .. Equity holders get some thing to keep and hope company does well in future ...whatever happens we will keep seeing 52 week lows .. Golden rule of the game never buy 52 week low till you know it has stabilized or going up ... Same thing on short side .. Never sell 52 week lows
Comment by
Joe454 on May 20, 2016 9:14am
This post has been removed in accordance with Community Policy
Comment by
DrStockHouse on May 20, 2016 2:12pm
Lost & Joe... Sorry to tell you that you are genuine idiots of this board...you are dumb worthless ... You know damn sh*t....Hopefully nobody follow your BS....and my a$$ prediction..... Bipolar illness .....Just for one day save us your garbage and keep this board clean... No fundamentals & techs...just swirling your tarsh.... Have a good week end....