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From: SJames (Rep: 3) reply to kcprintersDate: 02/06/2013 11:36
Forum: School Specialty - Msg #237Thread #673499193 (Rec: 0)
I've been watching this one for a while. I decided to wait until it went to the pink sheets to add. Picked up some at .09 today. This certainly has huge potential, but only added as much as I'm willing to take a 50% haircut with. Re: Nice! It looks much thinner here than it has the past few days. Re: grab...

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Reply to kcprinters - Msg #81371 - 02/06/2013 10:21

Re: Nice! It looks much thinner here than it has the past few days. Re: grabbed ...just because it moved to the pinks - will take a day or two before people all figure it out! Reduced selling pressure as well since most would have to call it in. I remember CEMJQ took a few weeks for good things to develop - this is better - they are profitable, they have 100m in equity, they were forced into BK by a crook trying to steal them, and the bondholders have drawn battle lines and are going to fight.
NOTE: This message has been revised 1 time. Read original version of this message.
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser SJames: Reward | Watch | IgnoreSCHS: Ignore

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