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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: saveslivesbyday who wrote (86948)8/24/2007 1:36:26 PM
From: Lizzie TudorRespond to of 306849
 
maybe its a short squeeze, those hardly ever happen but this might be one. As someone who was once on the inside of a company with an SEC investigation and debt payment due at the same time while the mkt was collapsing(PRGN) .... there is 0.00000000000000001% chance BZH can recover. The only saving grace is if the rest of the industry had some strong players that would be interested in a buyout... thats what happened to PRGN but BZHs debt is too large. This is a BK.

My real interest in watching BZH is the SEC. These SEC investigations are costing a lot of companies like Dell their focus. In BZHs case, they could conceivably claim that the SEC drove them under after a BK is filed.