$PEI So maybe it's me, but I'm not quite sure I understand the bullish sentiments and people stating price targets will reach 2.xx tomorrow, etc. This REIT was heading downward and in the 2.xx range prior to the big covid drop in the stock market. Also, it only hit the 2.xx range maybe one time during the entire 6 - 7 month covid period . I see the news about the recapitalization deal, but I also read the last paragraph too. "If the Company is unable to secure the support of the remaining lenders holding less than 20% of the debt, it may need to complete this restructuring through a prepackaged reorganization under Chapter 11 of the United States Bankruptcy Code. " <---- So I'm curious to see how this will play out, especially for those that bought in the high .90s, but either way I'm sitting this one out. I'm still trying to understand the logic here...Also, I'm really not bearish per say, but given the number of bulls in this room, I'm sure it will get a response, lol
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