You could add an additional caveat to your warning. It is common for the Court to rule in CH 11 cases, e.g. Enron where the company does not survive as a going concern, that any recoveries after satisfaction with all other creditors will only go to shareholders of record prior to the bankruptcy filing date. So it is most likely that shareholders of any purchases of stock post-bankruptcy will only have a chance at receiving value if SUNE survives as a going concern. Given the sales of all their key assets, their tarnished reputation amongst financing parties (i.e. the damaged relationships with bankers) and departure of key personnel their survival in the energy development business is beyond comprehension.
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