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Re: tommer post# 7487

Tuesday, 10/21/2014 8:41:10 PM

Tuesday, October 21, 2014 8:41:10 PM

Post# of 41703
Yes, you're right on liabilities and proceeds.

And on the bankruptcy staying in place.

I suspect we'll see continued choppiness in trading, and perhaps even a successful re-org, shareholder-wise, depending on what other business they have. The creditors know what's in the sealed docs, and may be more inclined to shift some of the debts so that a re-org'd GT has a chance. However, any pop tomorrow is pure "irrational exuberance" since the market simply doesn't have enough financial information to make informed decisions.

Ilene

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