PS> Given some major run-ups on post BK companies such as Healthsouth, K-mart,... I am looking for a good BK spec play. I am just trying to figure out the details. Not bashing, not shorting..., just looking for a diamond in the rough. There is no question in my mind that this will emerge as a leaner, meaner, viable company and is backed by some big money. My understanding is the old common shareholder will get nothing after emergence?