Overseas Shipholding Group said that they have more than enough cash to fund operations during bankruptcy case and won't need so called debtor in possession financing.
Why? Because OSG"s pawn value,ten cents on the dollar,is close to $5.00.
not likely with shares that will become worthless.
c'mon man. give it up you loser lol
Is there any chance whatsoever commons won't be wiped out?
Shareholders will get zero. Stock is being delisted as we speak. It will have to trade on pink sheets.