Post by
FullReversal on Oct 10, 2016 1:21pm
Longs, the "shorting to zero" is for the stock, not company
The company will survive with the assets, from all indications, to be owned by Cinven (Amco) and First Secured Notes holder(s) (non-Amco).
It's the common stock price is what won't survive. I don't think you longs in denial understand the difference here?
They might as well rename "Amco" to "Acme" from the Looney Tunes era.
Roadrunner being the Wall Street crowd/"Bookrunner" and Private Equity.
Coyote being the average dumb investor still holding this toxic stock!
Comment by
Lumberfeverlong on Oct 10, 2016 1:32pm
I understand the difference more than you can possibly imagine. Cinven will be paid off by Feb 1 and the company will still have well over $400M when it makes that payment. So how in your screwed up view of the world does Cinven get Amco back once that payment is made?
Comment by
Lumberfeverlong on Oct 10, 2016 2:30pm
Fullreversal, still waiting for a reply to my question below....