Are they going bankrupt? I hold the preferred stock, but I am not sure where I'll go out. Please if somebody knows something, help!!!
Mgmt has been burning cash and destroying shareholder value for years. With this lawsuit, cash burn is going to be even greater and it will likely impact their ability to secure credit. One of the worst managed companies I have ever seen.
Thank you. I've already started closing this sh***. My risk manager is going crazy