Not smart at all. Just know that the odds of making money on SHLDQ are very low at this point.
2 important points need to be considered:
1) Don't know how many SHLDQ shareholders are following the Court proceedings closely, but the article I posted, seems to indicate that SHLDQ's bankruptcy case could be in its final stages. Once an "effective date" is declared the already court-approved reorganization plan will go into effect. This plan states that ALL of SHLDQ's equity shares will be "cancelled".
2) Even if the closing of this case still drags on, there is the issue of liquidity. Because SHLDQ is traded on the OTC "Expert Market" it is very difficult to either buy or sell shares and there are no guarantees that a trade order can be filled nor can a trade price be guaranteed.
Read my disclaimer below and make your own decisions based on your own DD. Do not trust anything anyone says on OTC message boards unless you can verify for yourself.
Disclaimer: Do not rely on my projections or opinions to make a buy or sell decision. Always do your own DD.
