Genaera Corporation (NASDAQ:GENR) is a first for us: a short play. The company has announced that the board of directors has approved a Plan of Liquidation and Dissolution forecasting distributions of between $0.002 and $0.0173 per share contingent on a sale of its assets. We believe the most likely outcome to be a distribution of [...]
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Special situation: Short Genaera Corporation (NASDAQ:GENR)
Posted in Genaera Corporation (NASDAQ:GENR), Short, Special Situation, tagged Genaera Corporation (NASDAQ:GENR), Liquidating Value, Liquidation, Short on April 30, 2009 | 2 Comments »
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