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Re: mellowbird post# 104434

Friday, 01/13/2023 3:22:20 PM

Friday, January 13, 2023 3:22:20 PM

Post# of 111085
Interesting, so you have a fear of missing out? Really, it’s a pretty simple calculation. The NOL and Chapter 11 mean, there’s a chance at recovery and that the BK is not liquidation planned. So with that firmly in your mind an investor should decide how much to allocate to this risk/reward scenario. Given that 50,000 shares cost around $5,500 (.11 in 2014) but return $1,250,000.00 at par the size the investment should be simple. To lose $5,500 is most likely not going to change anyone here from going on a trip, or out to dinner. But at par could change a lifestyle. You buy a little and have fun along the way.

Why ANYONE would come back and back and back to a security position they sold is borderline nuts or has a $ motivation to return. Glad to have you here, but please add something via research to the conversation. So many of the folks here are working hard to understand the BK and sharing selflessly. Maybe learn from their behavior.

Have a great weekend all of you, enjoy every second of following your passions. Cheers