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Re: grampie post# 1025

Thursday, 04/02/2009 1:34:11 AM

Thursday, April 02, 2009 1:34:11 AM

Post# of 1271
Grampie i have been reading your posts regulary and i feel you have sound and knowledge in depth,while i have been owning SPCB for long for a very higher price i have no optinos than to hold for some time.

I have some few questions friend why is that the SPCB symbol still does not have the Q behind it since it has already filed for bankruptcy.Now in worst case scenario what could happen is that the common could wiped out what is your feeling that since this equity commitee has been appointed do you feel that there is a chance that the stock would remain and not get wiped out,i mean there could be possible game alos by mittlemen to get there 5% holding sold out to new buyers by creating such news as do you think in how many cases in the history has the bankruptcy court give a decision in favor of the sharholders.

I am just curious as i had put my hard earned money in this stock,and i keep on watching the news on SPCB.

The recent price movement shows that there are more sellers than buyers what do you feel optimistically would happen when the bankruptcy court goes for th coming hearing after this goldman news which has come out.

Few lines of advise would be appreciated.
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