Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: pcstel who wrote (22960)	4/6/2001 3:51:53 AM
From: SafetyAgentMan	Read Replies (1) \| Respond to of 29986

Thanks pcstel. BTW, do companies go on the pink sheets as soon as they announce BK?

To: pcstel who wrote (22960)	4/6/2001 9:14:31 AM
From: Rono	Read Replies (1) \| Respond to of 29986

If you want to make a play at the short covering scenario pcstel, What is the short covering scenario? If G* declares bankruptcy and the stock ultimately goes to zero, what's the rush to get out? Ron

To: pcstel who wrote (22960)	4/6/2001 2:30:54 PM
From: cfoe	Respond to of 29986

But, it might give you a piece of debt free G..* Thnaks for your many posts. I have found them most valuable during these troubled times <g (barely)>. If you, as I, are already a debt holder, wouldn't this be true if you do not buy any more bonds? How many cents on the dollar do you think the bonds will get under a "likely scenario"? Do you think it will be necessary to average down in the bonds (I am in at just under the $12 you mentioned) to get even? That is, do you see the debt being bought out at less than 12 cents on the dollar? TIA.