TO;MIKE J.,,,
also, as a reply//the stock was from 38 to 1.50 area , so many folks have big loses or, sold allready.
folks buying now are bottom fishers.
if the stock goes down further, they have a loss, from here, under two bucks.
but, for any reason,. and i have none except just rambling..
\suppose they owed about 265 million in debt with the master loan and the short term loan.
suppose between now and the next four months they sold their property, sold the bagels and cut expenses like couponing, advertising, overhead, anything you like.
suppose, the cost structure dropped, and the margins widened in their favor.
what then , charley brown??
remember, if they do not trigger the bonds the bonds arte long term debt..
so the problem is that nasty 265 million in debt.
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