InvestorsHub Logo
Followers 0
Posts 984
Boards Moderated 0
Alias Born 02/26/2009

Re: LuckyMe77 post# 203

Sunday, 09/05/2010 5:58:03 PM

Sunday, September 05, 2010 5:58:03 PM

Post# of 428
How prescient is that? Putting in the BK call 10 days after it has already happened, lol. The 3% unsecureds have been trading at 6% to 10% of face since the bk filing so the market is suggesting that the equity is toast.

I know there are folks that want to get the shares cheaper or they just want to put the kibosh on all of the stocks that Wall_Street61 is moderator for but just be patient. Someone is hung in a bad borrow right now and when it unwinds the bid support will vanish and the stock can probably be bought in the low pennies. It will get the "Q" on the end in the coming days and then it will eventually be bid back up again only to have the rug pulled out from underneath it once more when the promoters pull up their stakes.
Join InvestorsHub

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.