Post by
Possibleidiot01 on Sep 29, 2023 11:10am
Massive hit
Any explanation?
To me , management actions seem reasonable
Comment by
goldbug1973 on Sep 29, 2023 11:47am
Wasted all their cash on mercedes and poor results, no progress at corani, and now taking financing at 35 cents, management pretty much gave the company away for nothing.
Comment by
Larry60 on Sep 29, 2023 1:46pm
Looking for an entry point here. $020 cents maybe? The 35 cent deal price is only an issue cuz it was a Unit with a FULL warrant at 42 cents for 5 years!!!!!!!!!!!! Thats almos like giving a share away for free!!! THe debt reorg not a positive BUT at least they dealt with it and squared it away.
Comment by
fordster on Oct 02, 2023 7:15pm
It's commonly believed Larry60 is a basher/shorter. You guys decide...fair warning/heads up. His posts are always "semi-positive" with a back handed message. ..I don't really care what you folks do with this post: it's simply giving you a heads up.
Comment by
explman on Sep 29, 2023 4:11pm
Where do you get 35 cents from? Financing was done at 27 cents.
Comment by
Possibleidiot01 on Sep 30, 2023 6:33pm
Thanks. So it's a big reaction due to long term errors.