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Post# of 749756
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UpTickMeA$AP

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UpTickMeA$AP

Re: Boris the Spider post# 653665

Thursday, 04/01/2021 7:26:16 PM

Thursday, April 01, 2021 7:26:16 PM

Post# of 749756
In probably over 95% of chapter 11s, equity gets absolutely nothing. Even when a company spins off another company out of bankruptcy.

Like Kodak, Northwest Airlines, JC Penney etc...

They ALL had assets after the bankruptcy. But as is well known, equity is the VERY BOTTOM of the barrel. Ignorance of this fact, is not a defence.


So, fair and reasonable, is getting ANYTHING.

DISCLAIMER: ALL MY POSTS ARE MY OWN PERSONAL OPINIONS AND NOT RECOMMENDATIONS TO BUY, SELL OR HOLD SECURITIES. DO YOUR OWN RESEARCH/DD AND MAKE YOUR OWN TRADING DECISIONS.

People kill for money. What makes you think they will not lie to you for yours?

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