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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: smaycs4 who wrote (50556)1/10/2013 6:08:57 PM
From: Stavisky1 Recommendation  Read Replies (1) | Respond to of 78615
 
Re STRZQ - In addition to the write-up published on November on VIC, I've found a new write-up on the site distresseddebtinvestorsclub.com:
distresseddebtinvestorsclub.com

The Synopsis ends with this sentence:
"Assuming a multiple of 5.5x EBITDA, I am looking at a price target in the range $5-$7 6 months to a year following emergence from bankruptcy. "

Regarding when the Q comes off, in the last approved Plan of Reorganization (PoR) is stated that "The Effective Date of the Plan will be that date which is the first business day after 30 days have passed after the Confirmation Date.
As the Plan was confirmed by the Court on Dec 17, it should become effective exactly next Friday, Jan 18.