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Re: Founder77 post# 1992

Wednesday, 04/20/2011 4:39:27 AM

Wednesday, April 20, 2011 4:39:27 AM

Post# of 2842
> Possible "Clue"

Value of US bankruptcy claims traded jumped in Q1
http://www.reuters.com/article/2011/04/19/bankruptcy-claims-trading-idUSN1926372220110419

>Creditors .... can trade or sell their claims against bankrupt companies.
>The seller gets immediate cash,
>while the buyer, often a hedge fund investor, hopes to make a handsome return by betting on the timing and ultimate payout in the bankruptcy.

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May have been a "Hedge Fund" that picked up those 15 Million shares that traded on February 8, 2010.

Maybe the hedge fund investor is expecting a good return/payout in the bankruptcy.

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February 23, 2011
http://www.scouler.com/index.php/scouler-co-feature-article-in-the-deal/


through the combined efforts of all the professionals involved that
[the debtors] achieved a better than expected result.”
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February 18, ,2010


http://www.scouler.com/index.php/appointed-liquidating-trustee-of-the-asyst-technologies-liquidating-trust/



The recovery, estimated to be approximately 80%, significantly exceeds the initial expectations of the secured lenders.

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