RE:RE:New Deal on TablePeople are dreaming this stuff up to shamelessly pump off their shares for a 25 cent profit to unsuspecting retail investors on false rumors. The company wrote off a half BILLION in assets last quarter that they recently grossly overpaid for and still have the debt for. Unless bondholders forgive the loan (not gonna happen) its hard to see this doesn't become a zero. Traders who bought for a deadcat bounce will likely start to sell at a loss in the next few days and the next capitulation leg down will begin as the bounce just doesnt seem to be happening.
bobby1231 wrote: Can you post the article? TIA