short on cashflow

Ivanka and the Trump Casinos

May 21, 2010 | Author: Fred | Filed under: Stock Market

A few days ago investor Carl Icahn appealed the decision against him in the battle for control over the public held company, Trump Entrainment Resorts. Recently we got the good news that court decided in favor of a plan included Trump, Ivanka and the bondholders. This was good news because the company survived bankruptcy and the company shares are still valid.

Since our stock in TRMPq is now retaining its original value, when previously on the verge of becoming worthless,  I’d hate to see any bankruptcy exit decisions reversed.

Word on the street is that Ivanka is going to be playing an important role in getting the casinos back on their feet, not just as a manager and decision maker, but also using her image as a branding tool.

After seeing Ivanka on the apprentice and just recently reading her book I’m anxious to see how she does in this new role. She seems to work as hard or almost as hard as her dad (At least I know she works on Sundays) so maybe she can really turn the company around. Let’s go Ivanka, make us some money!

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