RE:RE:RE:EPOIt can be said it would be unusual for a company to issue options in one hot-off-the-press pr followed by yet that another that introduces a further Board member only to then file for bankrupcy. Granted you have no faith in the company's Board, but painting the new appointee with the same dismissive brush is a bit of a stretch into the unknown. Most would assume that said appointee would not go head first into a company whos prosects are dire in the immediate term. Just who would let their name stand for such an appointment? Think about it.
The company has legs imo and, by the looks of things, I should not have downsized my position in retrospect.
Magus22 wrote: You should read my post I said they need cash to service the dept my guess was 75% bankruptcy 20% buyout 5% misc.
they still need the cash within 90 days so something has to happen soon.
Happy holidays munger.