Bankrupt and Distressed (BAD) Research and Due Diligence

[Madclown]

Iggles, This isn't directed at you, I am just piggybacking off your post because yours is the type of post I am trying to draw out and encourage.

My hope is that we can get some alternative ideas in here and maybe some new names. The "golden age" of distressed equity will not last forever. We will one day have to adapt to a changing economic and market climate. If we can build a board that is primarily composed of good ideas and research as opposed to pumping then this little corner of IHUB will offer something value added. If not then it will devolve and become, at best, a collection of posts consisting of stock symbols and "to da moon" references devoid of any substance.

Since there is plenty of that out there already, I thought we could try something different and that might involve entertaining questions and responding to posts that would get lambasted on other boards.

All I ask of everyone is patience. I hold down a full-time job in addition to my distressed research. I also have a wife and 3 kids. If I don't respond quickly to someone's question directed at me then you will all know why. Also, if I haven't heard of a stock or haven't done any research on it then it will take me a while to get up to speed. If I am going to research something, I will spend hours or days on it, not just a few minutes glancing at the chart. Burning it at both ends of the candle wears me down at times so if I disappear for a few days, you will all know why.

My hope is that we can all learn from each other by sharing ideas but I am not a philanthropist. If it gets too one sided where it is me talking to myself with no valuable feedback then I probably disappear. I don't expect that to be the case because I have shared phone calls or emails or PM's with a ton of really smart people who I hope will participate more actively in an environment where they are free to speak their minds and ask tough questions.

With all that said...


Best wishes