***we have reached the stage in the last paragraph that I bolded and underlined. The restructuring went through, and I firmly believe we will see VASTLY higher share prices. This was $.25 per share in February, and now it'll have a way better Balance Sheet, and still be bringing in $2 billion a year in top of the line sales. Cenveo is NOT going to chapter 7. Emerging from chapter 11 later this month. Get in now and hold for a bit. This is money in the bank IMO. This blurb is from investopedia.
"What Happens to Equity Values?
When a corporation is on the verge of bankruptcy, its stock value will reflect the risk that a Chapter 11 may become a Chapter 7
For example, a company traded at $50 may trade at $2 per share due to bankruptcy speculation. If Chapter 11 is actually filed, the stock price may fall to 10 cents. This value is composed of the potential income that shareholders may receive after liquidation and a premium based on the possibility that the firm may restructure and begin to operate successfully in the future. Private investors can buy and sell these 10-cent shares in the OTC market. The actual value does not reach zero unless the probability of restructuring is so low that a Chapter 7 filing is sure to follow."
However, if the company restructures and emerges from Chapter 11 as an improved organization, its share price may rise to higher levels than previously witnessed."
AI
