Quicksilver Resources Inc. (fka KWKAQ)

[Garyst]

The outcome of the shares won't be determined by when a person bought as much as how the final outcome of the case ends. Most often in Bankruptcy plays (but not always) the companies issue new shares when the emerge and start out fresh. At that time the prior shares sometimes become worthless.

BUT, that is a long ways off and anything could happen. In the interim, these plays do have bounces and often times large spikes depending on specific pieces of news as the company goes thru the process.

I wouldn't be at all surprised if KWKAQ doesn't see a few more days next week of some good size upward bounces as new traders grab up some of these shares down here at the bottom looking for a "flip" play.