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Original Message So Moody's downgraded them from "Highly speculative" to "Default imminent with little prospect for recovery," yet their stock price is still over $40. I guess the Moody's assessment didn't affect much. I don't understand the statement "The outlook remains stable," though. The downgrade and rest of the article pretty much point to a bankruptcy reorganization in April 2024, yet "the outlook remains stable?" Maybe they mean the outlook will remind investors of the smell of where horses were kept overnight? |