Palm Harbor Homes (fka PHHMQ)

[cosmicschool]

Absolutely and that is one reason in my previous post, i mentioned "It could pan out either way".

But here is the most important thing - The NT-10Q was filed after the 8k (Feb 1 2011) i.e 7 days later on Feb 7 2011.

The 8k gives a "little hope" but what if the value left for the "Common Share holders" is just 4-5 cents/share??

Also, why did "Insiders" Sell?? The Chief Financial officer sold nearly 60,000 plus shares and so did one of the board of directors sell nearly 108K shares. Why would they sell if there "Was a possibility of Value" to the Equity.

And the latest filing dated yesterday shows that T. Rowe Price Associates too reduced their holding from over 5% to 1.3% - Why would they "Take a Loss" if there is value for the "Common Stock".

Yes, it might be "Worth Gambling" i.e investing in Palm Harbor at this point of time, just 2 weeks before the auction ONLY IF YOU HAVE MONEY THAT YOU CAN DEFINITELY AFFORD TO LOSE.

Cheers!