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Saturday, June 16, 2012 12:50:50 PM
I remember 5 or 10 years ago when Nextel was down to around 4 dollars from a high of a whole lot higher than that (maybe even 100 bucks) and the dreaded bankrupcy talk was happening.
The assets were valued at between 20 & 25 dollars per share and when looked at from the broad market the stock rebounded back up and the bankruptcy didn't happen.
Perhaps this is the case here at ATRN, which is why I may take a position on Monday (and even buying in at .005 may lose), but what you are saying DOES make A LOT of sense.
The problem here on Monday is compounded by this being a true penny stock and that will cause an even greater initial over-reaction.
I am hoping to capitalize on this unfortunate event on Monday, not to enjoy the pain of others who will lose big time, but to make money for myself as in the end it is what we are all here for.
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