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Princeb4now

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Alias Born 04/16/2011

Princeb4now

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Saturday, 04/16/2011 12:20:21 AM

Saturday, April 16, 2011 12:20:21 AM

Post# of 1731
For those who own the stock, the offer of $.30 is a rip off. Book is at least $.60 and that is very conservative. The excessive write offs in 2008 are coming back. Over $200 million in 2010($1.00/share) The Board did not exercise it's fiduciary duty by allowing Cerberus to buy the majority of it's outstanding debt at half price. Plenty of cash, so SR would have had a built in gain. Opportunity for a class action activity.
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