RE:Point 72 AllAboard711 wrote: Steve Cohens Point 72 Fund has in the last month increased there position to just over 10%, not sure not this seems BULLISH and with no debt payments until 2021 there is no chance for bankrupcy at all. GLTA
There is a big chance of chapter 11 because it is about eeting the earnout and interest obligations, plus the bridge loan in Oct 2017 or the coupon goes up to 11.5% it has to pay. Cohen could be the one who tied up all the short interest for all you know against his equity. It is someone big who has made borrow on thisi impossible to find.