It'll only take one bond holder to call in the loan, and the house of cards comes down. Not knowing the finer points of their agreements makes the risk profile of this stock, sky high as you don't know if this could actually happen. The numbers lag by two months, so they've had least 4 to 6 weeks to plan how they intend to fund themselves. The end game may happen sooner than one thinks. My April call may be a bit premature, it could be ANYTIME.
BLY Price at posting:
28.0¢ Sentiment: Sell Disclosure: Not Held