tag:blogger.com,1999:blog-1527840491496268397.post7016982262690543652..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: Genco Misses Interest Payment Due On 5.00% Convertible Senior Notes due August 15, 2015 $GNKUnknownnoreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1527840491496268397.post-24545234286645723132014-02-25T20:46:59.191-07:002014-02-25T20:46:59.191-07:00Large open interest in the April 1 puts.
Does th...Large open interest in the April 1 puts. <br /><br />Does the equity get wiped out or could this be another OSGIQ where there is still value leftover?<br /><br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-17330599070707071112014-02-25T20:05:58.933-07:002014-02-25T20:05:58.933-07:00We can be pretty sure that it will be Chapter 11, ...We can be pretty sure that it will be Chapter 11, because an exchange offer would take time to implement. It would have been announced before the notes interest payment was do, for example.CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-40688291480067354492014-02-25T20:02:03.679-07:002014-02-25T20:02:03.679-07:00Will this be a chapter 11 filing or could it still...Will this be a chapter 11 filing or could it still be a huge debt for equity swap?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-87392656459409095252014-02-25T14:29:27.051-07:002014-02-25T14:29:27.051-07:00Yes, in these payment blocking situations you expe...Yes, in these payment blocking situations you expect the Ch 11 to be filed by the end of the unsecureds' grace period.CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-35631014482486161972014-02-25T14:23:57.545-07:002014-02-25T14:23:57.545-07:00So we should hear something by March 20th from the...So we should hear something by March 20th from the company and creditors? That's when the grace period expires. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-19045836986166590132014-02-19T13:12:41.752-07:002014-02-19T13:12:41.752-07:00Ha! Whereabouts are you located?Ha! Whereabouts are you located?CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-39847694636525222572014-02-19T12:08:01.159-07:002014-02-19T12:08:01.159-07:00really need a debtwire subscription. lots of $ to ...really need a debtwire subscription. lots of $ to be made on these types of plays (distressed companies with publicly traded equities).<br />jHurthttps://www.blogger.com/profile/04137029150343569722noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-88100646631093572302014-02-19T12:06:50.134-07:002014-02-19T12:06:50.134-07:00sold a bunch of january 2015 calls a week ago when...sold a bunch of january 2015 calls a week ago when i came across your article. where am i taking you to dinner? :)jHurthttps://www.blogger.com/profile/04137029150343569722noreply@blogger.com