Good stuff, Ernie. Been spending some time going over it.
I'd like to think that what I'm in right now will have a good outcome.
someone posted something that I had been thinking about for awhile. It had to do with the upper management (e.g. CEO, etc) that has a ton of common shares. You would think that those people would be doing anything and everything in their power to get things back up so they can recover most of that money. I'm assuming for some of them that's hundreds of thousands, if not almost millions of $ for them. They would lose all of that when they get out of BK.
Here is something of interesting to ask though. Are they able to sell at any time with post BK? meaning, IF this pops above $1 or $2, they an sell all they have to recoup as much as they can, especially considering that they know when they emerge from BK they won't have those shares anymore. Granted, they "may" get others shares in the new stock, but may not be as much as they had before.
Just some stuff I've been pondering. I figure IF they do have a huge steak in the game with us commons, they would be doing everything they can to get as much as possible out of it before it goes bye bye
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