PATRIOT COAL CORP (GREY:PCXCQ)

WEB NEWS

Monday, August 26, 2013

Research

In our 8/23/2013 email we stated that we established a short position in shares of Patriot Coal (PCXCQ).  We believe that it is a bankruptcy play where shares are worth ZERO and that the ownership of current equity will not benefit in equity that may be recovered in bankruptcy proceedings.

 
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