This thing has about 2 weeks left as the #$%$ company with share holders as we know today.After the next earnings release this will drop about 30% then BK will get filed then see you at a nickle
what are you smoking? 9.2 million shares with a value of 19.2 million?? How is that possible with the current price at .56 cents.What your trying to say is they wont file BK cause some institutions are getting slammed and there for it must turn around? What the hell are you smoking?
the toilet paper will help cause longs will be #$%$ ing themselves
new remodel stores also seeing falling sales.Folks get out the Kodachrome were gonna have a Kodak moment soon
folks this is how they do it.This turn around story isn't turning its going belly up!! Good for RSH management bad for rsh share holders of common stock
Man this big turd is delaying the horrible numbers as long as possible.When the amount to insure against default keeps climbing old shack is done for.Ask Lehman see what he tells you.Get you Kodachrome ready!
They know they are even worse then the last round so they are delaying them as long as possible.My guess sales sunk 25% in the last quarter. This will send rsh into the low .40s where a BK filing will be imminent
All existing equity interests in Eagle Bulk will be cancelled, with such equity interests receiving, subject to dilution, 0.5% of the new equity
Explain how this is good?
That means they are going to file BK!!!!
Why bother, there empty. RSH needs to file as soon as possible.Go thru bankruptcy and come out debt free and a thinner company.Sorry but yes the common will get snake eyes
Its pretty clear the insiders bought because the market was calling them out for selling huge amounts of stock into the buy back.Its a ruse, everything they do is a ruse/cover up. If they were legit, they would have filed a law suit against Ackman a year ago.They don't want to face the discovery process.The house of cards will fall, its a question of time.Mean while suckers by the sugar powder shakes to try and move up