Post by
TraderBen on Nov 25, 2016 12:11pm
Hey greatplay.....
Make sure you announce to the board this time when you sell !!!! ----- And not days later when you supposedly say you sold at the high of the day! Bahahahahahahahahhahahahahahahahaha
Comment by
greatplay on Nov 25, 2016 12:30pm
Sure... I did today at 2.63 and just bought it all back on Canadian side... I felt that block is loosing steam... I was surprised, that I got filled on my big lots, while lots were small in size, and it was 0.001 just below ask price, I think my bank filled me
Comment by
TraderBen on Nov 25, 2016 12:56pm
Traders will play around with this at the wealth destruction of most people's wealth here. This stock will not be making a meaningful recovery. Debtors will now be having a food fight. Get out while you can.
Comment by
Lumberfeverlong on Nov 25, 2016 1:21pm
First, learn the differerence between debtors and creditors. The company is a debtor vis vis the noteholders while the noteholders are creditors vis vis the company. Not the other way around as your second grade post suggests.
Comment by
TraderBen on Nov 25, 2016 1:33pm
Hey Lumber. Let me clarify for you if you understand the debt market (and you don't) The BANKS will now be having a food fight ! The company is a non-issue at this point because the BANKS call the shots now, not the COMPANY.
Comment by
Lumberfeverlong on Nov 25, 2016 1:40pm
I do not want to use diminutive words about you, but I am extremely tempted. The banks and the noteholders are creditors not debtors. I know more about debt markets than you will know in a lifetime!!!
Comment by
rad10 on Nov 25, 2016 1:52pm
OK Trader Ben - please tell me which covenants have been breeched? Has the revolver even been utilised? If the banks are really calling the shots then default must be imminent. Please clarify - because like 90% posted here - I smell BS
Comment by
rad10 on Nov 25, 2016 2:24pm
Perhaps I am a preferred investor - lol CONCORDIA INTL CORP FIRST LIEN SR SECD NT REG S 04/01/22 9.0000 C26220AA8 40,000 86.3500 89.599 q 34,860.00 35,839.60 979.60 2.81 up a grand already - LOL