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Re: Value_Investor post# 3710

Wednesday, 09/22/2010 1:55:42 PM

Wednesday, September 22, 2010 1:55:42 PM

Post# of 6674
LOL, they can't cancel shares until the debtor's attornies produce a Disclosure Statement and a Plan Of Reorganization, which both must be approved by all parties (creditors, debtors, claimants, and sometimes equity) and the judge.

That doesn't happen overnight.


If you don't have a set of these you best put your money in a CD.