RE:Another Article about 7G Agree. 7G's debt and debt ratios rose rapidly after the latest senior notes. And, the investors should have learned their lesson, given that many indebted companies collapsed during this downturn. See their charts. The list is huge like KWK, SARA, ZAZA, AMZG, REN, HERO, CLL.T (Connacher Oil), Ivanhoe Energy (IE.T), Southern Pacific Resources (STP.T), GDP, MPO, SD, MHR etc.
I remember when the aforementioned companies were issuing interest-paying notes like 7G did yesterday, the investors were asking for more and they were pushing those stocks higher.....Now, they do not want to hear anything about them and they cry for their hard-earned money...