RE:RE:RE:Bankruptcy is Not ImminentBefore everything went sour, CXR was going to have extra cashflow of $400 MM per year and upside revenue growth. Now you are splitting hairs over a small increase of cash in hand and a savings by not paying the measely dividend. Nothing to be optimistic about here. Maybe management can pull a few rabbits out of the hat, but its not looking good any more until they can turn things around and get out of the dog house.
greatplay wrote: Everything you heard bad was done just for one sake, lure in shorters... before it was opposite... In reality, they got new money $330MLN, means business will be OK, maybe not good, but will continue to make money, last quarter company increases money on hand from 145MLN to 162MLN... not a lot, but it's not a sign of failing company