GREY:AIIFF - Post by User
Post by
rdwwwon Jun 27, 2011 11:05am
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Post# 18768564
hmm
hmmcan't believe that there are any shorters still on ARF, but the BB smells like there are a few trying still
the NR appears to be just enough info to suggest that they wont be going bankrupt any day this quarter
the options will expire worthless one day and they will grant themseleves lower ones, but the optics of having them at $16 is good for the next couple years and goes in their favour as does the insider buying right now.
what exec is gonna put up cash, to pretend he believes in the ship if the ship has sprung a leak. none IMO
once this financing stuff is done, by end of mth, ARF needs to reconsider how they issue NR's and start making more NR's about contracts + biz in order to seem like a going concern