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March 2007

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Almost time to say bye-bye to Bally's

March 16, 2007 – Comments (0)

Bally's has finally confirmed what alot of people have suspected for a long time: it is likely to go bankrupt.  The company has little cash a mountain of debt and by not getting its filings in on time it is technically in default. Unfortunately it no longer has a market cap over $100M, so not alot of people will be getting in on this one in CAPS.

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Does Softbank Have Something to Hide?

March 06, 2007 – Comments (0)

So Softbank (OTC BB: SFTBF.PK) is threatening to sue a brokerage and The Financial Times over less than flattering reports published last week. Having read The Financial Times article I thought it was standard, though interesting, reporting and I find it hard to believe that lawsuits, or even the threat of, are necessary.  [more]

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