Far East Energy Corp. (fka FEECQ)

[Value_Investor]

You can say the Same words to all the big Q stocks (with Giant Assets but higher Giant Liabilities) like Lehman Brothers (LB), my friend! The fact is: right after the bankruptcy LB was trading at as high as $280M ~ $290M MV thought its total liability was over total asset! And the similar MVs to WaMu and Nortel etc. big Q stocks. Why should FEECQ be traded at measly $69K MV with $109.616M Giant Assets!

From the chart below we can tell: the majority of shareholders here had bought FEECQ shares above 0.012 and they did not sell any share after the bankruptcy due to the too high losses which is why the trading volume was such low for a stock with 346M shares OS! Not mention those restricted shares and the insider's shares which are not allowed to sell after the bankruptcy! Assume you owned 1M shares of FEEC at $0.02 which cost you $20,000. Now the same shares only worth $200. Will you sell them at $0.0002 now or just wait for $0.002 ~ $0.012 or higher? I think the answer is the later, not the former because that makes the most sense for any investor!