Yep - and interestingly, Centrebridge (majority owners of BLY equity) ALSO appointed Moelis for their recapitalisation plan.
And meanwhile, the BLY bulls were posting things like "Looks like this one heading towards $1" and "cash numbers more compelling - once top line comes back this will fly"... "all signs point towards green shoots", "typical BLY thing to scale back only to run into a ramp up"... any of this sound familiar??
