That isn’t ....probative, or indicative.
LINE went BK the other day. This is a deeply troubled space and is destined to stay so, IMHO. If they are valid bottom fishing candidates, they are only so for the very, very patient. Very. (oil reasonable smackdown day, as well, /CL off almost a buck earlier)
There are many more BKs to come in this space (fact) and IMO it is toxic. (opinion)
Yeah, I wish I could figure out which ones would survive. I’m not alone in that, I know.
BTU went toes up a month ago. Billion-dollar company, been around since 1883, or 133 years. Gone-ski.