(Total Views: 229)
Posted On: 10/03/2018 9:04:04 PM
Post# of 106680
$PACDQ BOOMING! Huge oil ship drilling co, billion dollar, been as high as 100 bucks per share, filled chapter 11 due to Obama environmental off shore new regulations, then they received favorable court ruling to restructure, secured 1 BILLION in secured senior lien notes, which means people believe in this company, then Trump just loosened all the environmental drilling laws to start in December, and BOOM! I believe this is a huge ride up and and up. Note news article here about offshore drilling:
https://www.marketbeat.com/articles/administr...018-09-28/
Here is article about secured senior liens
https://www.zacks.com/research/get_news.php?id=h0sggwuwft
Look at a 3 year chart to see how high this had been, 100 bucks, and to see it had bottomed out. This is ground floor reinvestment with a proven company screwed by Obama regulations and now free again.
https://www.marketbeat.com/articles/administr...018-09-28/
Here is article about secured senior liens
https://www.zacks.com/research/get_news.php?id=h0sggwuwft
Look at a 3 year chart to see how high this had been, 100 bucks, and to see it had bottomed out. This is ground floor reinvestment with a proven company screwed by Obama regulations and now free again.
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Anything I write is pure gibberish...perhaps thought provoking and fun...but investment advice??? I don't think so.
