InvestorsHub Logo
Followers 1
Posts 95
Boards Moderated 0
Alias Born 05/25/2016

Re: 56Chevy post# 11660

Thursday, 07/21/2016 10:54:20 AM

Thursday, July 21, 2016 10:54:20 AM

Post# of 13692
Personally, I like the 57 Chevy but that is neither here nor there.
I think the difference in the Sandridge bankruptcy and others is that Sandridge brought it on themselves, to save their own selves. Probably not even the employees just the big money guys. And, you are probably right at least if you look at share price but, I am like Mr. JNelson and will continue to hold a fairly sizable position.
I think that a fight did and does need to be put up in this case in particular. I know that if I go BK I loose everything and there have been times its been tough, but you know what, I struggled and still paid my bills. Somewhere along the line business bankruptcies became too easy and enticing. The laws will have to be changed for the general public to ever regain any confidence in the market and that is going to take some time. I do know in the short term there are still things going on that could change the course of this particular case. So Mr. 56 Chevy, I hope your wish comes true and we do manage to prevail.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.