burp..............yawn as our extremist has shown back up and has tried to form an observation of another. ROTFF
Who is ready for the next big Nasdaq alert? ULTIMATESTOCKALERTS has delivered some big winners already this year and their next play could be the biggest yet. Don’t miss.
Poor Doug Miller, he lost all his money on Linn, he lost his wife and now the only thing that he had left in life, this message board, is about to disappear. LMAO. A fool yes but always fun to laugh at.
Jets... sounds good about the K-1 Tax Scam but could you elaborate? How about letting us in on it?
Yesterday placed a BUY order for long position to hold but my brokerage house declined the order telling that I cant buy this type of stock in my registered account. What a surprise !!! LINEQ is now real POS !!!
I think the unsecured only get warrants to buy stock at a discount. The secured bond holders get the new equity.
The unsecured note holders get the new equity so when they come out of BK they should be the ones that make out if oil rebounds. Not to late to buy some of them on the cheap.
They're probably going to convince the judge that there is no value in the company above their bond value and they should get it all.
The hedges were designed to see the company through a market collapse but instead of using them for that, they and management rush to bankruptcy court and liquidate the hedges to pay down the banks.
By the time the bankruptcy plays out oil prices will have rebounded enough to make the company worth way more than the total secured debt.
And everyone is screwed except management, the banks and the secured debt holders.
Oh and when the exchange for second lien was made, it was only offered to the big good old boys - not retail investors.
What a deal.
Open google now and search for UltimateStockAlertss. You will be glad you did. Their plays are
killing it and the last trade I took from then helped me make 21% in 2 days. Cant complain about