should be a good trade, page-39

Hi nigelsfo,
This discussion started mostly from buying from 1.6 and hoping to bouncing back over 1.8 c. Indeed, 10 cents it's a strange think to hope in the very close future (and not impossible). But I am unsure why did you start your first discussion as HC user by posting about a stock that you don't own?

Anyway, I agree with you as I don't see this stock recovering tomorrow. It needs more positive news after some good terms. But it already has some goodies that came with this ugly recapitalization, as the agreement to pay debt is now under 200 million for the next years (until 2022). And the interest paid for debt is reduced now, after recapitalizations.

So, basically the company can get enough good results until 2022 and we can see how it will survive or even more than that. And Centrebridge is not a charity trust it's specialized in buyouts and distressed securities and bly already feel their "opinions".

I believe first thing to have is patience and calm. These shares needs to change hands, with new shareholders being patient persons, as multi-bags are not happening overnight.