I was able to get 15k at .20 after hours through Schwab- may go lower but this seems like a ploy to refinance their debt. This company looks to be worth much more than .17 liquidation value. But who knows in this market- will certainly be watching this week and next.
Holding company Smurfit-Stone Container doesn't think outside the box -- it thinks about the box. Its operating company, Smurfit-Stone Container Enterprises, makes corrugated containers, containerboard, kraft paper (for bags), market pulp, and solid bleached sulfate (SBS, for folding cartons); it also provides graphics services. The vertically integrated company is one of the world's largest recyclers of paper fiber, a key raw material in the making of the company's products. Smurfit-Stone buys the bulk of its wood fiber on the open market, but it also owns about a million acres of timberland in Canada and operates harvesting facilities in the US and Canada.
