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Re: catty post# 12630

Wednesday, 01/16/2019 2:24:31 PM

Wednesday, January 16, 2019 2:24:31 PM

Post# of 37348
Beware that shares can go to zero almost instantly when (if) the Plan of Reorganization is approved by the court. The cancellation of Eastman Kodak common stock a few years ago is a perfect example of that.

These deals are dangerous. You won't see the smart money buying Sears. Odds of success are less than 50%. Much less. But lots of fun, and instructive to watch from afar.

off to work...


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