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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (44355)	5/25/2005 9:48:08 AM
From: Paul Kern	Read Replies (1) \| Respond to of 206338

Assuming that many of the shorts were retail investors and shorted at $5.00 or higher, the prospects looks good for a big squeeze to $5.00 or better. Paul

To: chowder who wrote (44355)	5/25/2005 8:32:06 PM
From: energyplay	Read Replies (1) \| Respond to of 206338

CPN - chased some of it, got in about $2.45.... My guess is this is a bit like El Paso - there is so much debt, the only way the creditors get ANYTHING back is to play nice, cooperate, and get a good price for assets and deleverage. In situations were the companies are in better shape, and there is a chance of getting 80-90 cents on the dollar, creditors seem to fight each other and want to be the first to pull the trigger and run the creditors committe.. Kb - comments ?