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capt_jmj

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capt_jmj

Re: POKERSAM post# 15077

Thursday, 07/03/2008 8:26:56 AM

Thursday, July 03, 2008 8:26:56 AM

Post# of 31925
Yeah, right up there with the Bear Stearns stockholders being given $2/share for stock that had been trading at ~ $80/share. I guess they eventually agreed that was too low and upped to ~ $10/share, but still a major screw job. However, if they had let it go under Chapter 11, it would be years before they saw their money, if any at all. Of course, with all the worthless subprime paper they were holding, it wasn't worth $80/share either.

Kind regards,
-CAPT J

"What would you attempt to do if you knew you could not fail?"

http://investorshub.advfn.com/boards/board.aspx?board_id=7383

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