This is a huge deal, make no mistake. This cancel of 1/2 billion of debt deal should put us closer to 15 I think there is where we should be. Shorts still holding on. Trying to ride this before options expiration date. Going to cost them in borrowing. GL
Gogo (NASDAQ:GOGO) has jumped 10.9% and hit its highest point this month after it disclosed in a filing that it's not proceeding with a bond sale following a "proposal from a major airline customer" for connectivity.The company says the proposal concerns providing service on a "meaningful portion of the airline's domestic fleet that it currently serves," using ATG, ATG-4 and 2Ku technologies.Gogo had planned today to close a sale of $525M in its junk-bond debut (senior secured notes at 12% due 2022), with funds set to expand its next-gen rollout. That sale's off for now.
let big money play the politics and drug pricing game, this too shall pass. Stock is worth twice the current price. Relax and chill.
shorts get crushed they will rush to cover and we head to high 50's low 60's, place your bets. I will take that bet lose 10 or gain 40. I think it's worth the risk, just use money your can risk. Place your bets boys......
is there no other choice other then BK??? Just asking. Tks.
shorts taking profits, rolling over. Hope I'm wrong. WE NEED GOOD NEWS for a change.
Two weeks after being named CEO, Kevin Mandia discloses he bought 27,600 FireEye (FEYE +3.5%) shares today at $12.70. His direct holdings now total 2.63M, and his indirect holdings 144K.
even the hint of BK getting investors to shot first then ask questions. Anyone know details or inside knowledge of the company
computers did the quick damage. grabbed the tight stops, and bouncing back now.
worked for B&L prior. he is on the board. Everyone send him a note asking #$%$ are they doing while Rome burns. As I see it they have until the fall to turn this around based on cash burn. Found him on linkedin
and we continue to go lower, numbers looked good. So what's it going to take boys? Thoughts?
He would have taken it private, buy up all shares, get private investors involved. Work his magic there
tks. very thought provoking with detailed scientific explanations, but like dog food, Sanofi could not get them to eat it, what makes you think with burn rate at what 11 million a month. Sales force, re-launch, even with raising 47 mil, they have until the Fall to find a partnership or dilute more. No room to run. Just being real here, not bashing, I own a boat load myself, but biggest problem is they can't sell it. Doctors not willing to make the necessary changes in how to prescribe it.
If so, how do they do it? What course will they take next? How to convince doctors to use there product? I know sounds like fairly simple questions, but so painful to execute. How does management get doctors onboard?