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Strategies & Market Trends : BAK - Investing

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To: alertmeipp who wrote (2912)6/8/2012 10:03:59 PM
From: thatsnotluck1 Recommendation   of 3249
 
Re: HOUSTON--(BUSINESS WIRE)--

<<hope we won't end up fighting each other in the BK court. I had a lowball bid in the pfd but no luck.>>

i do not anticipate we will have a fight, if you are in the common. i think the fight will be between my second lien debt and the senior secured stuff and the structurally senior stuff. my thesis is that by buying the bonds i will be the equity by the time they actually meet the production level projected for 2010. :-)
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