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Re: Handyman4545 post# 31137

Friday, 11/25/2016 3:17:39 PM

Friday, November 25, 2016 3:17:39 PM

Post# of 36208
"The idea here, is that if you can buy 10,000 shares of a company for $0.10 (or less) a share, that once sold for $100/shr and is in the process of reorganizing, and doesn't flat out tell you it's planning to dissolve its current stock, why not invest in it?"

The stock had to trade until the Plan of Reorganization is made effective. The only reason it has any value at all is misperception (as evidenced by you), and knowledge that traders have a chew toy until the plug gets pulled.

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