per the restructure you will get (unless you are a first lien holder) about $.50 of new bond for every $1 of old bonds, New bonds would probably trade at par. There are press releases that talk about the exchange rate.
you forgot to mention years of consecutive loses, years of negative cash flow and billions of dollars of debt that they will not be able to pay.
It had better or this stock goes to zero
as I said Jobs would never have buckled under to the likes of Ichan. Jobs understood the stock market and it not trust it
Steve Jobs would never have bowed to the wishes of the likes of Ichan.
the stock is going up because there is a belief that there will be a bond deal to reduce the bonds outstanding by up to $1.5 billion (read press releases) If that does not happen this stock is go to zero.
Minions - $917 million WW and counting
(WW gross $386 and done) and DWA call Home a roaring success. Upcoming hope in 2016 "Trolls" will flop. This studio has lost its mojo and no longer has what it takes to make a original film that will be a hit. Stock price is to high.
this is untouchable until:
The dollar stops getting stronger
Oil keeps going down
Copper keeps going down
Short sellers will destroy this