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Re: Phong Pham post# 84

Saturday, 02/27/2010 12:11:27 AM

Saturday, February 27, 2010 12:11:27 AM

Post# of 155
There is a good chance of that. I would day trade it and maybe keep 20 thousand shares to see what happens, if you can aford the loss, granted it is a long shot. You can always come in after the restructuring that will surely move the stock up a 100% to cover the $2,000.oo. That would mean you will need another $2,000.oo to break even if it dosn't work out. Thats if it should go up a 100%.

A lot of times after taking out the common share holder there will be a reissuing of common shares on lets say the New york at a new set price that dosn't always go up. She is a role of the dice but to say that the common share won't be wiped out well that is a tough one to answere.

There are cases were they will turn around and short the stock again. There is talk of interest rates going up that won't effect the ones who locked in there morgage but could put more preasure on the ones who haven't granted they would get a greater spread with the new equidity if they can sell it in the market should they wipe out the common share holder that I would think is what they would like to do.

My feeling is that they loaded up debt on purpose and bought none revenue assets turned around depreciated those assets so as to declare Bankrubtsy to take out the common share holder.It shows in there financials to me that is what happened. it happens all the time another entity the insiders maybe own lent money.

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