Penn Traffic Co. (fka PTFCQ)

[speckulater]

PTFC Timeline


Here is a timeline to help figure out what is going on here.



November 17 - PTFC stock price at $2.00 a share.

November 18 - Penn Traffic Files Chapter 11 Bankruptcy Protection:
http://finance.yahoo.com/news/Penn-Traffic-files-Chpt-11-apf-3384919037.html?x=0&.v=1

November 18 - PTFC tumbles to 0.10 a share:
http://finance.yahoo.com/echarts?s=PTFC.PK#chart1:symbol=ptfc.pk;range=6m;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

November 19 - Bay Harbour Management LLC Sells 1,788,457 shares @ 0.10
http://finance.yahoo.com/q/it?s=PTFC.PK

January 29 - Tops Completes Pen Traffic Deal:
http://buffalo.bizjournals.com/buffalo/stories/2010/01/25/daily57.html?ana=yfcpc


I have some thoughts on this more later.



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