Thats what I think,, he's keeping optionality alive...Happy to take the 4 points in June..gives us another 6 months for him to figure it out...Hoping BOEm drags their feet
the Boem up in the air, who knows they may actually pay us June 15.
Iknow the calculation for issuance of surety bonds for off shore companies formula or at least what it was, are any surety bonds being issued anymore or is the market closed?
Love to see it in Websters next year! Your credit of course.
Yep. Just have a few left. This is same as the Ultra Pete shareholders to name another one this past week. Fought it all the way down to their death, bonds moving up post bankruptcy. There's over a million shares available to short now of WTI, but I'll leave it alone, at 18c we are the equity.
So you were the guy hopping my bids on the 2's and 3's and 4's? Took me awhile to cover most of my short call position.
David Warrens group. This maybe effectively private. They may do a secondary to raise some cash to pay down the banks a little and get more stock into the public hands, otherwise..this will trade by appointment only
Khosler been around the block a bunch of times.
Seeing some good sized offer wanted on WTI paper, 2 days before earnings so lets hope this is a positive sign for us. Covered most of my short calls Crazy to leave sub 30c options outstanding.