Comments for REDE - Stockpickr! Your Source for Stock Ideas

Comments for REDE

Added By	Comments	Type	Date Added
barrons2	Blyth (BTH) plans to submit an offer to buy all or substantially all of RedEnvelope's assets in accordance with procedures established by the U.S. Bankruptcy Court. In mid-April, RedEnvelope filed a voluntary petition under Chapter 11, soon after announcing it didn't have sufficient funds to continue as a going concern. In early May, the court approved a structure for interested parties to make offers to buy the assets of RedEnvelope, which sells items like jewelry, spa products and toys through its Website. A company trying to sell assets while in Chapter 11 must conduct an auction, to the best price. Blyth currently holds 1,354,000 shares (14.6%).	Love	May 24, 2008
brownlittleleaf	Fine Capital	Love	April 11, 2007