2020-05-27 10:09
What's your expected price?back to 1. 6 in short term?
typically, in chapter 11 filing, equity will be wipe out, but still small percentage of cases, old share holders can have some new equity. See recent case of $WLL$, the old shareholders will have 3% of the new company. stock price was at 0.372, today at 0.888.
it might take months for stakeholders come to a Restructuring Support Agreement.
add some at 0.8. let's wait and see.
$赫兹租车(HTZ)$ 2020/5/24 total share 142.285M. Icahn+Gabelli 62.619M. remaining 79.666M. On April 29, short interest 58.07M. crazy world!
What's your expected price?back to 1. 6 in short term?