InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.26
(
0.00%
)
US TECH 100
19,869.20
(
0.11%
)
Dow Jones
39,336.39
(
-0.10%
)
Brent Oil
85.33
(
-1.36%
)
Bitcoin
56,307.61
(
0.83%
)
Post# of 3343
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

bagfull

Send PM Follow Ignore
Followers 113
Posts 9071
Boards Moderated 2
Alias Born 10/24/2006

bagfull

Re: boogrr post# 1749

Wednesday, 01/14/2009 10:49:20 AM

Wednesday, January 14, 2009 10:49:20 AM

Post# of 3343
george/boggrr, no question of chapter 7, they filed chapter 11, so even if a going concern buy out does not happen, still the proceeds will go to BK court and commons will still get much much more than 20c.
At this point risk /reward heavily in favor of reward


Disclaimer: Do not buy or sell based on my recommendation. I am not your financial advisor .My recommendations are based on my intuition, research or both and may be right or wrong.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up