then bailed out make a ton.
I know, I know, but what if?
most big money is hedged, and bond holders will get .30 on the dollar maybe. common/ preferred zilch
What now? Have to watch for further info from management
I know many are sitting on this at much higher levels, The pricing was totally mispriced
anyone out there that has facts and not just BS
hate this waiting
disgusted on the way they are handling this.
what a disservice to shareholders. The longer they wait the more fear mongers will continue to prey on stock
expect firing to commence over next two weeks, the board needs to be fired. Apparently all valued pieces will go to bond holders. Common will get zilch.
I am getting killed but not holding many shares, thinking of buying a few hundred shares down here anyone else??
until they get there filings completed and settle this BS we are at the mercy of shorts and big money
yes Q4 will be terrible with impairment charges, but using new ERP can be complicated, and bringing new CFO will help putting balance sheet in order. There yielco is worth 1.70, I think shorts will get squeezed once they release filings. This could be huge and trap many shorts. IMHO
Reuters: Blackstone close to buying HP's ~$940M stake in India's MsphasiS
Mar 17 2016, 12:16 ET | About: The Blackstone Group L.P. (BX) | By: Eric Jhonsa, SA News Editor Contact this editor with comments or a news tip
Reuters reports Blackstone (BX +1.7%) is close to acquiring HP Inc.'s (HPQ +1.8%) 60.5% stake in Indian IT outsourcing services firm MphasiS, and that a deal could be inked by early April. Terms are unknown - HP's stake was worth ~$940M based on MphasiS' Thursday close in Mumbai.With HP Inc. focused on PCs and printing - HP Enterprise, the other half of the former HP, provides enterprise hardware, software, and services - the strategic value of the MphasiS stake is now limited. MphasiS stated in last year's annual report it received 24% of its revenue from services provided to (the former) HP's clients.A sale would help HP Inc. shore up its balance sheet as it continues dealing with weak PC and printer demand. The company had $3.7B in cash and $6.7B in long-term debt at the end of its January quarter (FQ1).
will be back to 50's in a short time. IMHO