DD Support Board and Research Team

[Michael-Goode]

The interesting thing is that a lot of recent bankruptcy cases have resulted in shareholders getting equity in the post-bankruptcy entity. That includes Genco (formerly GNKOQ) and Overseas Shipholding Group (formerly OSGIQ). But still the majority of the time equity gets wiped out eventually although it can have nice spikes for the months (or years) the company is in Chapter 11.