Made my10% target in one week. Sold. Just fun and a gamble. Made enough for two jet fares to Nags Head. Wife and I going end of May.
Any good news... ANY pertaining directly or indirectly to ECA and energy industry will get you a nice profit at current price. BIG NEWS and stock goes through the roof.
In at $11.62. Will run with a ten % gain and not wait for XOM. Play money in here. Just enough for two air tickets to Nags Head.
UR a member since 2 days ago. How many names you have. 5, that all gave thumbs up. Go blank yourself.
You are correct the assets are worth a lot of dollars. The debt holders should get about 60 cents on the dollar and be the new owners. $0 for current shareholders in BK.
The company is dying and its terminal. The smart traders sucked idiots and they have been selling.