Buy call options on NEC and SWM who will benefit if TEN goes under (not saying they are good investments but surely in better shape than TEN). Cease to guarantee any more loans for TEN moving forward and jump off the sinking ship well before the captain does. Better still get out of the sinking industry altogether.
The saying used to be what's the easiest way to be come a millionaire (be a billionaire and buy and airline). Looking like a FTA TV Station isn't a bad way to do that either these days!
TEN Price at posting:
27.0¢ Sentiment: Sell Disclosure: Not Held
