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woogerbear

woogerbear
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  • Penn West Is Talking With Lenders As It Faces A Liquidity Crisis [View article]
    There is nothing between the senior debt holders and the shareholders unless there is some preferred stock I don't know about..and you are wrong about staying in BK..companies do it all the time and a judge will allow it as well as the bonds holders are being paid...it will never get there anyway..Senior does not want the coma pant but I do believe they will require the debt to guaranteed by assets...
    Jan 25, 2015. 09:03 AM | 1 Like Like |Link to Comment
  • Penn West Is Talking With Lenders As It Faces A Liquidity Crisis [View article]
    Not true. If bondholders are made whole, second in line of owners get the rest-the shareholders..your opinion is based on a situation where assets are worth less than the bonds..A company can stay in BK for as long as they like till oil comes back.Unless you are of the mindset that oil will never come back, PWT shareholders have a future regardless...
    Jan 24, 2015. 12:52 PM | 4 Likes Like |Link to Comment
  • Penn West Is Talking With Lenders As It Faces A Liquidity Crisis [View article]
    Lets say they breach the covenants, and lenders don't relax rules even if PWT guarantees the debt with assets, and it goes into BK, then the company could stay in BK until the price of oil goes up, while paying the interest on the debt. PWT would refinance their debt without having to pay the make whole provision with 500,000,000 Barrels in reserves and then shareholders would be worth 7- 8 bucks a share minimum..and that's worst case. This whole thing is clownish
    Jan 24, 2015. 10:07 AM | Likes Like |Link to Comment
  • BlackBerry: Digital Money Transfer, Not Advertising Is BBM's Best Hope [View article]
    you don't think this isn't on the road map..in fact Chen mentioned it at CES
    Jan 9, 2015. 12:18 PM | 2 Likes Like |Link to Comment
  • BlackBerry: Data Points To Hardware Collapse [View article]
    so who cares...CHEN is transitioning to software,,clearly stated and plan moving ahead with strong partnerships...the street wants to know guidance and profit not HW sales
    Dec 15, 2014. 01:33 PM | Likes Like |Link to Comment
  • Earnings Preview: BlackBerry Q3 2015 [View article]
    Security is hot..in fit the number issue for all IT worldwide...and BB owns it..what is there not to love..the market doesn't look forward anymore??
    Dec 12, 2014. 05:55 PM | 6 Likes Like |Link to Comment
  • Oil Price Collapse Cannot Be Good For Drillers But May Create Value Plays In Producers [View article]
    Please quantify with facts this over supply theory because there are many well respected oil men who say this is not like 2008 and there is no over supply
    Oct 31, 2014. 08:15 AM | 1 Like Like |Link to Comment
  • magicJack Vocaltec (CALL -11.5%) closes with giant losses after Copperfield Research issues a report taking aim at the company's accounting and trustworthiness. Among other things, Copperfield accuses magicJack of overstating revenue, earnings, and cash flow in earnings releases relative to SEC filings, and of using put option trades and other questionable investments to inflate earnings. It also notes CEO Dan Borislow has been sued for securities fraud in the past, and has sold shares after using them as collateral against personal debt. (SA Instablog[View news story]
    Put option strategy was know...accounting fraud allegations along with initating a short position is illegal..jail time
    Jan 10, 2013. 09:25 AM | Likes Like |Link to Comment
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