InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,308.15
(
1.17%
)
US TECH 100
18,107.20
(
1.51%
)
Dow Jones
39,908.00
(
0.88%
)
Brent Oil
82.71
(
0.19%
)
Bitcoin
65,964.18
(
7.18%
)
Post# of 3071
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Toxic Avenger

Send PM Follow Ignore
Followers 218
Posts 38765
Boards Moderated 0
Alias Born 04/29/2008

Toxic Avenger

Re: FaithfulAndTrue post# 2996

Sunday, 08/16/2009 11:41:01 PM

Sunday, August 16, 2009 11:41:01 PM

Post# of 3071
Prayer?
A chapter 7 filing is liquidation, meaning they sell everything left and pay creditors (not stockholders) whatever cents on the dollar they collect.
With Skins listing $10-50 million in debts (which I don't understand since their last filing shows $3 million in debt) and assets of $50k, it won't be much of a recovery for those to whom they owe money.
Certainly looks like the end of the line to me and I think answers the credibility question of the Google finance post.

Those who cannot learn from history are doomed to repeat it.
GEORGE SANTAYANA

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
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