Hey guys. Wanted to throw something out here for people to discuss. I’ve done a lot of research over the last two weeks on this stock and my stance is still that investors that are in this for the long run are solid. Up until now I’ve backed everything I’ve shown with links and documentation, however college life has me swamped at the moment so I wanted to share something that isn’t quite fact, but not quite speculation either so just take it as you will.
Currently, this whole ongoing event with SHLDQ is a mirror image with several of the current law firms bankruptcy cases that is handling this one. In fact, this law firm has handled the top 5 bankruptcy cases in US history, and the thing I noticed is a few of them had similar NOL, common share, and privatization of oldco assets. What I want to point out is that in the end of these, in all cases, the common stock was reverse merged in order to maintain requirements for NOL acquisition, in which case there was a share exchange for current shareholders. Now from what I’ve read some had dilution, others didn’t. That’s it’s own discussion, but as it stands this case is looking to be a text book mirror image to several other plays made by the same law firm and the common share holders all did fine. I’m glad we are discussing the more intricate material and technical workings of the law, but I don’t see this diverting from what has worked for these guys before and made tons of money. Anyway, I’m writing this between classes on my phone, I’ll chime in maybe later this week. See you all later!
