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Re: rjhstock post# 61816

Monday, 06/28/2010 5:26:35 PM

Monday, June 28, 2010 5:26:35 PM

Post# of 67237
Seems some of the big investor groups in the EC made their purchases of millions of shares - over 8 percent of the shares in Sept - Oct of 2009 at prices between .70 and .90. These are turnaround experts and they saw a deal at those numbers while in BK. I think I read that well over 40 percent of the stock holdings are in the hands of these large investment groups - which are represented on the EC.They look at the same numbers we do and they seem to be intent on salvaging their equity even with additional funds. SO.. as nervous as I am with my own holdings - I do feel there is solid thinking behind holding on for the EC POR to surface.
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