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Message Boards Settings Builders FirstSource, Inc. (BLDR) - Quote Info
Re: recapitalization plan challenged by lawsuit     17-Sep-09 01:00 pm    
Has anyone considered that the stock was never worth $8 a share and that it was manipulated to get to that level? The fact is that right now the company is broke--assets are less than liabilities--they have to raise cash and make some debt go away--best case they will lose $50 million in the next 12 months--if this was not needed why would they propose it? If everything was so great, why is the debt valued at 50%? You people that think this one is a winner either don't know how to look at a balance sheet or are drinking way too much kool-aid. They know 2012 is coming and they need some more room. I hope this one goes to court and then they will find that the stock has been manpulated and then the company will be done. End of story.
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Hi guys, another BLDR investor apparently filed a la...
sonya.h1971 Rate it 17-Sep-09 12:39 pm  
 
Re: recapitalization plan challenged by lawsuit
scurlock134... (1 Rating) 17-Sep-09 01:00 pm  
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Builders FirstSource, Inc. (BLDR)

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