Live From The Gutter: Trinity Place Holdings: (TPHS)
Binary Bet Situation
* This isn’t an L/S report, just an interesting situation I’ve been monitoring
High-risk - banking on a successful refinancing/strategic partnership. Caveat emptor.
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Edit - My apologies there a couple of grammatical errors. Also if the waiver doesn't get done TPHS would probably lose the buildings to the creditors - I mistakenly said they would be forced to sell at cut rate prices.