O.k. This was almost exactly four years ago in U.K.
credit hire/legal services company Helphire (now Redde) was in the shite, owing too much to the banks with weak cashflow.
http://uk.advfn.com/stock-market/lo...phire-Group-PLC-Proposed-Refinancing/56494074
I subscribed for more shares and they have gone up twentyfold and yield nearly 7%
I am not saying for sure that circumstances are the same, and that something similar will happen here, but have a look at Helphire/Redde's history.
P.S. Helphire also had a torrid time with short traders like 'Evil Knievil' in the U.K. who is associated
with some of the traders currently shorting SGH
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O.k. This was almost exactly four years ago in U.K. credit...
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