MF Global Holdings, Ltd. (fka MFGLQ)

[YazM]

This is a company that just went BK, do you think the shares will be unloaded the first day the halt was lifted? If that was the case this would already be below .10 My first estimation in the morning was correct by saying it will most likely drop to .20 today as it did (actually dropped just under .20 for the low of the day), tomorrow will most likely touch lower than that. With stocks in this scenario you have to be extremely cautious especially considering today was the first trading day since last Friday. There hasn't been a drop yet and the last thing I want is to buy in and then it drop 50%. Like I stated earlier, I'm watching until I see a bottom and that hasn't come yet.