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$Yellow Corporation (YELLQ.US)$ most of the shorts covered y...
$Yellow Corporation (YELLQ.US)$ most of the shorts covered yesterday and insiders sold everything, is there any reason still to pump?
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JustSurface : perhaps
Iantroverted92 : yes. if you've been following the court case. it has assets ready to sell almost equal to the debt they carry. but, Apollo just sold there 500 mil loan to citadel. so that's a plot twist.
71451774 OP Iantroverted92 : yeah but assets are almost equal to their debt, that doesn't include shareholders. there's literally no chance of a stock buyback. they'd even have to make another offering just to cover their remaining debt which they might since people are apparently willing to buy