Aug. 6 at 3:10 PM
$FIP As I have always said, this is just a financing dump job.
There is no way this shoreline railroad can support
$2.25 billion in debt service...even at less than 10.5% interest.
Once again this is one step forward to hype the stock and two steps back towards bankruptcy for this PE Frankenstein's monster of a company. More leverage and negative cash flow.