It’s not often that you see a company going through bankruptcy proceedings where the equity will be preserved. Once the lawsuit is off the company’s back, as we predict will happen, management can go back to executing its growth plan to become the leader in its industry. If/once the Chapter 11 exit plan is confirmed, we see the potential for the stock to rise by at least 100%.
This Round Table with Lee Roach of The Value Road, Pixel Research, Diego La Torre and Maj Soueidan breaks down the opportunity set and risks associated with this Chapter 11. The conversation also reveals some really interesting lessons in the Chapter 11 process that you can use to evaluate bankruptcies.
Skull Sessions is a collaboration with Geoinvesting.com, a full-stack microcap research platform and Microcap Investing Cliff Notes, home of the Microcap Quality Index (MSMqi).
