InvestorsHub Logo
Followers 36
Posts 2600
Boards Moderated 0
Alias Born 03/23/2010

Re: wall_street61 post# 91

Thursday, 03/29/2012 8:10:30 PM

Thursday, March 29, 2012 8:10:30 PM

Post# of 200

If an equity committee is appointed in this case the lawyers will burn every bit of value up that may be available to the stockholders. The lack of management's holdings is troubling. No doubt they will concoct a way to line their pockets at someone else's expense.



I would suggest you read the prior posts before speculating..there aren't even 100 of them so it won't take long.

I'm not saying we're getting a dime, but there are a few things I have seen that are are a bit "different" than others. And I've seen my share...SIXOQ...WAMUQ...CIT-A (Q)...CTDBQ...etc etc.

There was not even a DIP financing done, so that possibility of a shark is non existent right off the bat.

Trade may be able to elaborate on this but I briefly looked at the MOR and it looked like they were profitable by a few hundred thousand bucks (market cap is 300,000).
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.