Does anyone know what the hell is going on with this company? At an all time low of $7. They have great cash flow, but looks like their debt is outrageous! I think this might be a good short term investment. What does everyone think??
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Does anyone know what the hell is going on with this company? At an all time low of $7. They have great cash flow, but looks like their debt is outrageous! I think this might be a good short term investment. What does everyone think??
10B in debt with 19M in cash, profit margins are brutal, way too many shares outstanding.
Seems like a long shot to go UNDER, but to reorganize and get rid of this debt it seems likely they go down in the next year.
Looking at their cash flow predictions (if you believe it) they would take 20 yrs to pay off the 10B in debt, and in my view if they cut numbers on Thursday, they will cut down the road too.
No thanks for me.
Look at this page-
LINK
Totally looks like a re-org BK in the works.
10B in debt with 19M in cash, profit margins are brutal, way too many shares outstanding.
Seems like a long shot to go UNDER, but to reorganize and get rid of this debt it seems likely they go down in the next year.
Looking at their cash flow predictions (if you believe it) they would take 20 yrs to pay off the 10B in debt, and in my view if they cut numbers on Thursday, they will cut down the road too.
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