Originally Posted by
Lincoln Osiris
Overall, this is
normal post-bankruptcy behavior. Bondholders are monetizing equity they didn’t choose for long-term holdings. No major insider red flags post-reorg.
Volume today (~243,600) is
in line with or slightly below average (~277,600)
- That suggests there’s no massive block selling—it looks more like a broad pullback rather than a dump.
- This appears to be an orderly, technical selloff — not a panic or forced dump.
- Volume is moderate, not excessive, and aligns with regular trading patterns.
- Indicators show technical breakdown, likely prompting traders to take profits or reduce exposure.
- There’s no evidence yet of a big, coordinated dump from insiders or bondholders.
The ~8% drop today seems rooted in technical market factors, not alarmingly large selling by insiders or bondholders. But continued volatility and monitoring of volume and filings over the next few days is wise.
If burning $5-8 Million a day in Cash is normal Post Bankruptcy Behavior, might be time to revisit the history of all the major carriers that have liquidated over the years.