Friday, March 09, 2007
Fly Buy: ATHR
I covered some of my ATHR short, buying 6,500 @ $25.10.
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GMXR acting real fugly, almost gay, relative to most of the other independants. Opportunity or run away?
Max pain on GMXR is 28.50.
It is acting very gay. However, I suspect holding this piece of shit, thru summer, will make shareholders less poor.
It is acting very gay. However, I suspect holding this piece of shit, thru summer, will make shareholders less poor.
i've no idea what to make of the Stifel comment re NEW. "They think acquisition is a growing possibility, particularly given its large origination network and servicing platform. Firm says even applying very conservative valuations relative to recent M&A transactions, the originations business should be worth roughly $465 mln and servicing $290 mln. This, they say, translates to $13.35 per common share"
Ch 11 looks to be filed by close of business today.
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Ch 11 looks to be filed by close of business today.
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