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Smilin_B

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Smilin_B

Re: None

Monday, 04/18/2016 7:35:16 PM

Monday, April 18, 2016 7:35:16 PM

Post# of 893
This stock is pretty incredible. This company warned of chapter 11 as a fact that it was really going to happen yet the shares continue to trade in the $0.04 area. Why is that? Normally when a company announces chapter 11 bankruptcy, their share price but it's to the point where it's fair value after a bankruptcy. That was not the case here. It's quite perplexing to see this stock still trade as high as it is, yet a company such as SandRidge Energy (SDOC) trades a penny or two higher and they has not filed bankruptcy yet.
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