Feb. 10 at 10:22 AM
Hearing
$BHR common is going to get
$0 to
$3 from sale. the best assets will be sold to payoff insiders and the debt.
pref and common equity are then left holding the bag with 2-3 crap assets that will be liquidated in the next year.
mgt will drag it out and milk the $ from these and theres debate how much value is there. if everything works out — which i hear is 10% odds — its
$2.50-3.00 to common. highest odds its
$1.50-2.00 and 30% chance is <
$1.50
run away
