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OVERSEAS SHIPHDLG Message Board

  • asiancolossus asiancolossus Oct 22, 2012 8:46 PM Flag

    38 million market cap, 40% short?

    Anyone have experience with companies with these kind of numbers pre Ch11?

    1) Is there a possibility that the price could go up after Ch11?
    2) If it doesn't go Ch11, what is the short term price action on this? 3 or 4 possible? I can't see them going Ch11 within days of announcing a restatement? Wouldn't they have done it already?

    I've seen many companies that have traded much higher than this DURING Ch11 reorg, I just have a gut feeling (but my gut is only right half of the time! LOL)

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