Man Davies

4982 posts

Posts (4982)

Man Davies CBL 6 years ago #985

$CBL

In other words, Wells Fargo is shorting CBL stock, and their plan to cause a dump has failed:

The Company disagrees with the assertions made by the Administrative Agent as the basis for the Notice of Acceleration and, accordingly, the validity of the Notice of Acceleration. The Company continues to dispute the alleged defaults asserted by the Administrative Agent and has engaged with the Administrative Agent since receipt of the Notice of Acceleration. The Administrative Agent has indicated that the lenders intend to continue good faith negotiations with the Company surrounding a consensual restructuring of the Company’s balance sheet. In the event that the Administrative Agent were to attempt to seek to exercise remedies based on these disputed defaults, however, it is the Company’s intention to seek an immediate stay of any such action in a court of appropriate jurisdiction.

Man Davies CBL 6 years ago #989

$CBL

Hold the fort... they are running it. Big buyer must be fully loaded

Man Davies CBL 6 years ago #990

$CBL

Ok, the wall didnt cause a shakeout. Get ready for round 2.. another ALGO & a bigger wall. BIG BUYER hasnt bought yet, so it is coming