Help me out here. The Patriot FAQ post states common shareholders usually get nothing. What does it matter if the PCX bonds go up and up if no interest will be paid on them during the course of the BK? We don't hold bonds here, so why are they even mentioned? Why is this even trading if the end result is that shares will be worthless? Is this now reduced to just gambling that the last person can unload at the surprise announcement of the terms of the settlement in a better fashion most failed at Monday? I'm still in with 10,000 shares at .78, after selling 7000 just before the close.
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