short trem speculation, page-9

Apples,
Once the uncertainty is removed the share price will respond, but don't assume it will be positive. As I said do the numbers any fair set of numbers will give you the answer.
BIG mistake everyone on CNP thread is making is that survival equals multi bagger.
Regards
Buffett
PS Don't know whether you were around in February but I harped on about write downs, (& responded to many posters who had no idea) & its impact & eventually everyone learnt I was right.
I don't even need to debate debt for equity, because I understand its consequence, unlike most here on HC.