GREY:ALEAF - Post by User
Comment by
DrRadPaul10on Jan 04, 2022 11:07am
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Post# 34281650
RE:RE:RE:RE:RE:AH POVIDES UPDATE ON THE NEGOTIATIONS OF CONVERTIBLE DEBT
RE:RE:RE:RE:RE:AH POVIDES UPDATE ON THE NEGOTIATIONS OF CONVERTIBLE DEBTWasted effort. It's a known fact rad is too stupid to understand this.
sthinei wrote:
Come on Rad it happens all the time whih is why companies like this pay 8.5, 10 or 12 % interest. The shreholders have already taken their beating. Money was raised on their backs as well. There a countless examples of much bigger companies going into chapter 11 and coming back like a phoenx once the debt has been addressed. Did not harm them longer term. Of sourse this is a different industry that is currenty not profitable but really not that big of a deal or surprise. As I said I owned Pilgrims Pride Chicken from $2 and bought as low as .50. After the debt holders were addressed it went to the $20s through better performance, industry consolidation, improved pricing and eventual acquisition.