Thai Airways Intl (TAWNF)

[Smilin_B]

Not sure if many of you have been through a bankruptcy before but as you all very well know, it is typical for shareholders to be the last in line. They come after preferred stockholders and warrant holders and definitely after bondholders. Creditors come before bondholders, and categorically are issued shares of stock which they can distribute into the open market to help recover some of their losses.

But these are always excellent opportunities to make money off of the volatility, because typically these stocks have several run up's on elevated volume ahead of any type of decision.

Now I'm sure by now you all realize that the shares that trade in Thailand on the Thailand Exchange do not budge more than 5% in either direction, meanwhile our stock traded up over 220% a couple days ago, down 60% yesterday, up 25% today so on so forth.

Why do you think that is?

THAI.BK barely budges