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re: Official Erin Energy (ERN) thread

Posted on 4/4/16 at 11:34 am to
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8561 posts
Posted on 4/4/16 at 11:34 am to
Putting off debt payments is my best guess. I bought a bunch on the dip.

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Posted by Iowa Golfer
Heaven
Member since Dec 2013
10242 posts
Posted on 4/4/16 at 12:28 pm to
I bought some additional today as well. Strange pricing action., The announcement of the intervention vessel was good news, and the price dropped.

I understand the concern today about debt restructure. But really, given most of the real debt is payable to either Allied or Kase, and not immediately due, it sounded like this could also be considered good news. They seems t get along fine with Zenith. Or if not good news, maybe a better way to phrase it is not terrible news.

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