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Re: WiseTrader55 post# 45039

Thursday, 07/05/2018 8:56:45 PM

Thursday, July 05, 2018 8:56:45 PM

Post# of 50157
I have never researched as to what percentage of companies that go bankrupt yield good cash to common shareholders, but I suspect very low caps very rarely yield a single penny and if they do, you might have to wait 10 years.

Primarily because people have decided Simpson is the worst of the worst, they embrace bankruptcy, b/o talk, anything.

I think company had its best shot to turn the corner in May but could not put something together. Unless a filing knocks my socks off, I will not embrace any rights offered to me
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