CLW - Orchids Paper: Toilet Paper Never Looked So Dirty - Bankruptcy By The End Of The Year?
We Predict Orchids Paper Will Go Bankrupt Before The Year Is Over
Source: orchidspaper.com
We believe Orchids Paper (TIS) is going bankrupt, and it will happen soon, likely before the new year. The recent bounce two weeks ago on relatively insignificant news provides some room to short. We believe the equity is worthless as we show in this report.
The hygienic paper industry has been the worst it has ever been for producers for a couple of years now, and it keeps getting worse for Orchids Paper. Prices have come down, while