Thanks for bringing $PVAH to the MVP Board Sonic Boom... I'm definitely interested in seeing where this recently delisted NYSE Company goes. Like every other company on the stock market, this can go one of two ways. With that being said, imo it has the potential to create substantial gains when considering the losses that have already been had. Yet depending on how they manage this restructuring will obviously determine that.
"Edward B. Cloues, II, Chairman and interim Chief Executive Officer stated, “We believe Penn Virginia has a strong future, even in today’s challenging commodity price environment. Consequently, we have retained Jefferies and Kirkland & Ellis to advise us in exploring strategic alternatives with respect to restructuring our balance sheet, including our senior unsecured notes, which trade at levels significantly below face value, and enhancing liquidity.”"
http://www.pennvirginia.com/releasedetail.cfm...eID=950514
If I was still trading putting my money where my mouth is, I would definitely be spending some time going through their financials to get a better sense of where they're going, which could possibly be Nasdaq.
Pennvirginia's Financials; http://www.pennvirginia.com/results.cfm
"Edward B. Cloues, II, Chairman and interim Chief Executive Officer stated, “We believe Penn Virginia has a strong future, even in today’s challenging commodity price environment. Consequently, we have retained Jefferies and Kirkland & Ellis to advise us in exploring strategic alternatives with respect to restructuring our balance sheet, including our senior unsecured notes, which trade at levels significantly below face value, and enhancing liquidity.”"
http://www.pennvirginia.com/releasedetail.cfm...eID=950514
If I was still trading putting my money where my mouth is, I would definitely be spending some time going through their financials to get a better sense of where they're going, which could possibly be Nasdaq.
Pennvirginia's Financials; http://www.pennvirginia.com/results.cfm
Everything & Anything that I post that is stock related on this site is my personal opinion & should not be used as investment advice in any shape or form as I'm not a licensed adviser.
