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Exide Technologies (XIDE -49%) resumes trading after a brief halt and plunges; the move is...

Exide Technologies (XIDE -49%) resumes trading after a brief halt and plunges; the move is attributed to news suggesting the company has hired Lazard and Akin after traditional refinancing efforts stalled. Also, a Los Angeles Times story out last night discussed potential arsenic concerns at its L.A.-area battery recycling factory.
Comments (6)
  • dsr70
    , contributor
    Comments (1407) | Send Message
     
    Whew. Was considering last year taking a chance on their recovery.
    4 Apr 2013, 03:18 PM Reply Like
  • richwolol
    , contributor
    Comments (13) | Send Message
     
    The stock is under siege by shorters who wish to pummel it's vaue into the ground.
    4 Apr 2013, 04:19 PM Reply Like
  • mrholty
    , contributor
    Comments (824) | Send Message
     
    Geez. Anybody know what the bonds are trading at?

     

    Sure its a badly managed company but there has to be some value here.
    4 Apr 2013, 04:32 PM Reply Like
  • dsr70
    , contributor
    Comments (1407) | Send Message
     
    http://bit.ly/10fLFiO

     

    Morningstar's corp debt data. Not sure exactly how current when things move rapidly.

     

    Anyone have another source?
    4 Apr 2013, 05:59 PM Reply Like
  • strougo
    , contributor
    Comments (93) | Send Message
     
    last i looked bonds were 85
    4 Apr 2013, 10:02 PM Reply Like
  • strougo
    , contributor
    Comments (93) | Send Message
     
    company made statement after the close that it has lots of cash and liquidity went up 40 cents in after mkt --selling masy be overdone
    4 Apr 2013, 10:04 PM Reply Like
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