Submitted by ProudHeron5768 t3_yhs16s in wallstreetbets
Elegant_Fisherman847 t1_iuhiuhw wrote
When WSB reads this then and says go short, that’s the time to go long. Banks are underwriting a rights issue (ie. shareholders are going to stump up cash) and they are going to restructure. Likely dumping all the crap and keeping the profitable parts of the business.
Bad news is all public now.
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