Two Items For Readers
I will make this quick as we have a much longer post coming out tonight:
1) If you want to compare notes on OSG (everyone is looking at it; apparently 300 people on the CRT call yesterday), please shoot me an email. I've got some initial thoughts that I'll be writing up next week as the technical picture becomes more clear.
2) Why is $SATC a rocket ship? What am I missing? What's the bull case? I and many other smart guys keeping coming up with zero recovery for equity.
You can reach me at hunter [at] distressed-debt-investing.com
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