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Re: Dunvarna post# 758

Friday, 11/20/2015 9:27:26 PM

Friday, November 20, 2015 9:27:26 PM

Post# of 810
I have never seen since 1980 went I got into stocks seen a BK stock like this where the old common shareholders made a dime, most were wiped out 100% and the new stock was issued to debt holders or the company was taken over and it was lights out. I warned that this one was likely heading to BK over a year ago, last summer (on my stock chart board Ecomike's stock DD board) when it fell under $1/share in a nose dive as oil and gas prices collapsed. Oil and gas are dead investments long term now for some time. I went through this mess in the 1980s in Texas. Wiped every one in Texas out. History is repeating itself.

I was invested in this one (made a few dollars) at times back in 2009-2011. Never got back in as it became clear the glut was here to stay and would BK them sooner or later.

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