GMX Resources Inc. (GMXRQ) - OTCPK - Limited
GMXRQ is defunct.
  • CLWISE | Send Message 22 Apr 2014

    So if I have stock from $GMXRQ, is it now worth $.05 or absolutely nothing with the bankruptcy?
    Reply
      • No_Escape | Send Message 2 Apr 2013

        Noticed inevitable Chapter 11 filing for $GMXRQ today... Should be interesting to see how successful efforts are to achieve a re-org
        Reply (3)
      • View all 3 replies
        • No_Escape | Send Message 3 Apr 2013
          : Looks like GSO, Whitebox and Omega are negotiating a deal that would allow them to essentially "cherry-pick" certain cash-flowing assets....
        • Orthoeconomics | Send Message 4 Apr 2013
          : Yep. But if they go to low on the price another bid may take them out.
          • No_Escape | Send Message 2 Apr 2013

            More on $GMXRQ BK filing - $50mm DIP loan proposed by senior noteholders Blackstone, Whitebox, Omega Advisors and Chatham Asset Mgmt.
            Reply
              • Klavman | Send Message 25 Mar 2013

                What is going on with $GMXRQ today? Am I missing something? Is this drop have to do with the report of the debt to equity ratio?
                Reply (3)
              • View all 3 replies
                • Klavman | Send Message 26 Mar 2013
                  : You think so? Or is that just talk to get better bank financing and when the do this stock takes back off?
                • skyraider | Send Message 27 Mar 2013
                  : Thought I read earlier that they were having trouble getting financing etc.
                  • No_Escape | Send Message 20 Mar 2013

                    $GMXRQ - Expected restructuring or bankruptcy process will likely wipe-out the equity...
                    Reply (3)
                  • View all 3 replies
                    • No_Escape | Send Message 21 Mar 2013
                      : perhaps with a gassy E&P... Why would any oily E&P merge with GMXR?
                    • Orthoeconomics | Send Message 21 Mar 2013
                      : A merger/LBO of $GMXRQ would yield access to their oil/gas fields
                      • Orthoeconomics | Send Message 19 Mar 2013

                        $GMXRQ SEC filing yesterday made reference to U.S. Bankruptcy Code- they appear to be putting pressure on their debt holders to restructure.
                        Reply
                          • Ocean Man | Send Message 19 Feb 2013

                            Wow, $GMXRQ traded back up to near-even this morning, then dropped 33%.
                            Reply (3)
                          • View all 3 replies
                            • muldoon1959 | Send Message 19 Feb 2013
                              : Tell me about it. Got roped into the up move, then bailed. Ugh.
                            • Funkengruven | Send Message 19 Feb 2013
                              : Going down with the ship...
                              • Funkengruven | Send Message 8 Nov 2012

                                Waiting for better days... I'm now 75% cash, and holding NOK, SLV, ATML, S, GMXRQ.
                                Reply
                                  • Funkengruven | Send Message 8 Nov 2012

                                    Correction... GMXRQ now up 42%!!
                                    Reply
                                      • Funkengruven | Send Message 8 Nov 2012

                                        HAHAHA my biggest losers NOK and GMXRQ are both up 13% today... what a world!
                                        Reply
                                          Company Description
                                          Currently, there's no company description for GMXRQ.
                                          Industry: Independent Oil & Gas
                                          Country: United States