Payless Cashways is a specialty retailer of building materials and home improvement products in the United States. PYLSQ operates 192 retail stores in 22 states.
The company is now reorganizing under Chapter 11 and making agreements with creditors and securing interim financing under court supervision and approval. I understand stores will remain open and it will be business as usual.
I have heard companies emerging from Chapter 11 can be good speculative investments AS THEY EMERGE FROM CH 11.
I do not have shares in this company yet, but hope to learn more about how to analyze these kinds of companies through this thread.
Anyone do well with companies emerging from CH11?Or chime in if you just have an interest like me!
Trading a little above .20 |