This pig staves off bankruptcy. Its the teamsters vs goldman. The teamsters get a temporary reprieve. Stock has bounced up to the dollar level. Tremendous amount of call buying in this stock. People hoping for a lottery ticket? Short covering? Can anyone see a reason to take a shot for a double at these levels?
They did a deal where they converted many of the bonds to equity and massively diluted the stock. Be careful...i have't closely researched it