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Post# of 20076
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Risicare

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Risicare

Re: magoohi post# 20007

Friday, 07/15/2011 4:46:46 PM

Friday, July 15, 2011 4:46:46 PM

Post# of 20076
Why would they do a R/S when the AS is only 300 mil? Makes no sense. Someone have an idea? TIA.

It is a shell. They are wiping out the common holders. They will then sell the shell or use it for another business. Basically buying stock at this point is akin to shooting yourself in the foot.
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