guys, today's ann was good, i'm not disputing that, but the more pressing issue is what's going to happen at the end of this month.
it's safe to say the banks will not pull the plug on allco. they would have done so already.
but are they going to finally put an end to these ridiculous one month extensions, or actually step up to the plate and refinance allco's debt.
there was no mention of how the negotiations are progressing in today's ann which gives me mixed emotions.
and if there is another 1 month extension, this rally will fizzle fast.
only with debt restructuring + future earnings guidance will she rally past $1
dont get too excited
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$1.38 |
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