SI
SI
discoversearch

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.
Strategies & Market Trends : Turnarund Investing -- Ignore unavailable to you. Want to Upgrade?

To: Covenant who wrote (753)4/29/2012 4:30:01 PM
From: batman10023  Read Replies (2) | Respond to of 1876
 
i haven't seen a single shareholder articulate what the earnings will be excluding bond income and the real interest rate on the debt.



To: Covenant who wrote (753)4/29/2012 4:38:04 PM
From: grahamcracker1 Recommendation  Read Replies (1) | Respond to of 1876
 
<<Novastar is insolvent with no realistic prospect for ever gaining solvency....>>



There was a lot of debate about this over on IV.

As a technical matter, they are not insolvent until any demands for payment cannot be met.

Lack of adequate financial strength is a fair enough criticism but I don't see any defaults in the immediate future based on what is currently known.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News