Post by
Shortingtozero2 on Nov 23, 2016 3:00pm
Waiting to Hear That Chapter 11 is "BULLISH"
Greatplay. .... please post that Chapter 11 is actually Bullish for the Stock.
Hell you tried everything else today.
Comment by
greatplay on Nov 23, 2016 3:01pm
Chapter 11 :) no, of course... but with $500 MLN in bank, nobody will go Chapter 11
Comment by
Shortingtozero2 on Nov 23, 2016 3:03pm
You said you would stop posting if this wasn't green today - so don't let the door hit you on the way out.
Comment by
greatplay on Nov 23, 2016 3:09pm
sorry, didn't say that it will be green today... I don't expect, I said tomorrow we may go up 10% in response that we will go down 10%
Comment by
DeathPool on Nov 23, 2016 3:10pm
I think the grame plan for the bondholders is that they want to stop the Board of Directors from authorizing the December earn out payment to Cinven. Because they will then be in default, this will force Chapter 11 and the rate recovery will be at a higher. Just my thoughts. Equity is turbofuccked either way here and the writing is on the wall.
Comment by
greatplay on Nov 23, 2016 3:15pm
all big on paper, but in reality, many of these may go away... Cinven payment maybe withold until issue with UK government is settled. All unsecued donds are due in 2021... and proablby witll be settled for quarter of their value... Other bonds are due 2021 as well...
Comment by
DeathPool on Nov 23, 2016 3:20pm
If they don't make the Cinven payment AMCo deeded back to Cinven debtfree. And they have to pay the coupons for the bonds and a payment is coming up in December on the 7 year notes. Just Stop, you have no material knowledge at all about this company, you came in for a quick trade and you look flippin desperate pumping this POSSS.
Comment by
greatplay on Nov 23, 2016 3:34pm
I was with stock for a while... but I was invested small, when we get 1.69 level, I loaded 10 times more and rode to 3.5, unfortunately, I thought we'll break it, didn't happen and I closed yesterday around $3. Still I almost doubled my money.... Today I started loading a little at $2.7, then $2.6 and a lot around $2.46, I believe we have a 50% retracement of gains. from 1.69 to 3.50
Comment by
greatplay on Nov 23, 2016 4:05pm
As I pointed out in my previous post, I invested earlier and I was losing on it, but when we got to $1.69, I went 10 times on my position and sold it yesterday around $3... Today I loaded at average $2.51... loosing money today... good luck! I'm not pumping, when everyone on board is so SHORT, I'm showing that there are good sides to everyting....
Comment by
TraderBen on Nov 23, 2016 5:17pm
Greatplay, Now I have heard it all. You are simply unbeleivable, now saying you wanted to sell short today and didn't want to buy. OMG. You are the worst pumper I have ever seen on this bullboard. You make PROTrader and Fundtrader look exceptionally competent you are THAT BAD. Each post you do gets you in deeper. Just stop.