possible, but a lot of money to come up with, just makes more sense to wipe the slate clean with a bankruptcy filing, could re-emerge with no debt, like some airlines have. Used to be in this stock a while back, am sorry to see what Scrushy did to the shareholders.
If you're planning on trading this when it opens, there could be some nice trading swings, if you can time it right, and not hold overnight. Look at WEL, was at .15 back in february when it said it may need to file Chapter 11, then shot up tp 2.65 because of the war and oil field fires. Good luck, hope some of you traders can make back what was stolen.
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Dow Jones Business News HealthSouth May Need Funds to Avoid Bankruptcy Filing Monday March 24, 1:21 am ET
NEW YORK -- HealthSouth Corp. (NYSE:HRC - News) , rocked last week by allegations of massive accounting fraud, may need as much as $1 billion in financing from its banks to avoid a bankruptcy-protection filing, people reviewing the company's financial records told The Wall Street Journal.