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Re: 3CTraderIsBack post# 5200

Monday, 02/23/2009 8:25:54 AM

Monday, February 23, 2009 8:25:54 AM

Post# of 10366
Well I don't have the link, but basically they are talking/plannig on 2 baskets; one for the good stuff and one for the bad stuff until they can get descent or fair value for their currently distressed value......once the economy stengthens.

Also there was a mass email sent out by Scottrade last week that you had to call in for more details on a Reorganization/tender offer. The offer turned out to be 20 commons for every 1 share of preffered- so I would assume many fish went for the worm smile

For less than a buck purchase, I like the risk for a $1000 possible face!
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