TheLion.com - Forum

Date: 04/05/2010 12:34

Forum: RHI Entertainment, Inc. - Msg #128

Thread #672951872 (Rec: 0)

bought RHIE, very interesting their latest sec filling.

Down from 3$ to 0.18$ .

http://www.sec.gov/Archives/edgar/data/1410637/000114036110014222/formsc13d.htm

In particular the Attiva Reporting Person strongly believes that the creditors of RHI Entertainment Inc. should consider exchanging the debt for a preferred equity with a liquidation preference convertible into voting shares of RHIE with a three year PIK dividend to get the cash flow necessary to solve the company liquidity issue

My plan is to have a stop loss at 0.16$ if so minimal loss, target short term is 0.25+ = 30-40% gain
Good RISK/REWARD here imo
[sc] RHIE [sc]

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