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Microcap & Penny Stocks : Qurate Retail
QVCGA 11.23+3.0%Oct 29 3:59 PM EDT

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To: Sean Collett who wrote (35)8/7/2025 12:02:10 PM
From: sixty2nds  Read Replies (1) of 83
 
Good morning Sean,

I was expecting worse!

It is probably too early to judge the market reaction
BUT
I just checked
The Common was up 12%
The Preferred -5.5%

I was not surprised wrt the $975M draw on the LOC.
If QVC is suspending the Preferred Dividend they'll draw the LOC.

Maybe LOC news gives us a clue in the near future...say 3-6 months???

I am not ready to say QVC pulls the Trigger on BK
BUT
The odds have gone up BK happens.

I expected charges.
We might see more going forward to clear the deck.

That war chest and cleaning the deck gives Mgt. some levers.
We know the QVC Brain Trust loves levers and maxes usage.

We shall see...
60
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