RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Shorters die tomorrow...No offence taken - I have lost over 40 grand on this one so some new kid on the block calling me a liar is really not a big deal. It is time for our wheeler dealing CEO to receive a pink slip.
The only carrot I can think of is a convertible debenture with a low equity conversion price. They will not manage to issue new debt on the open market without a gangsta coupon. Look at the relative yield on the existing secured notes to get an idea for what it will take to retire them.
The markets will be closed to these turkeys..................
Happy thanksgiving to all my fellow longsuffering longs and the respected educated shorts on this board.