My post was poorly written what I meant was the number of outstanding shares could go up 175%, I have no allusions about the stock price doing that.
Not sure I agree the shares outstanding can go up that easily, is that a board vote or a shareholder vote?
I continue to beleive the bank has some projections that show they can meet the covenants (if they don't who is going to want equity in this thing anyway - so why would the bank let the assets depreciate another 2 months)
Because the banks are being proped up by the federal reserve. collapse is comming. Can oboma hold it off till he loses the election? Maybe? They'd love to dump this right back on the republicans where it belongs! The banks arn't using real money and YRC is using worthless paper in the form of stock dilution. If shareholders want to stay in good! Someones getting screwed it aint the Fed aint the Bank guess who PUMPERS?