You can hint all you want, I don't own a single share of this. It's not worth the risk at this point. If they give the class action a 'small negotiated claim' as you are referring to, it will take a large recovery from the stockholders since there is only a small pile of money left over to begin with.
Nobody is trying to shake. The MM's aren't conspiring and manipulating computer trading programs for this junk.
Maybe the writing is finally on the wall? You ever thought of that?
Big boys or not, that doesn't mean squat. Go research Litespeed and their 25-30% or so of buying up Dynegy while in BK. They were paying a cost basis of around 55 cents and after the re-org, they realized about 30 cents on their investment. It was only around a 12-15 million loss.
I didn't own a share of it either.
Furthermore, you should probably do some research concerning the indemnification clauses in the articles of incorporation that former management will be using to shield themselves from liability. In other words, if the company sues them and wins, the company has to pay for their liability, which means the company gets a net goose egg.
