my bad, let me clarify:
#1. We all know they will emerge from BK, AFTER they do the re-organization
#2. My statement, and fung's response, was me saying "what IF" they emerge from BK as of right now, without having to re-emerge and reorganizing. Pretty much, my statement was "what IF they report a profit for their earnings, and the current BK status they are in was cancelled and the court/judge kicks them out of BK". I'm just thinking what would happen if that did, and how would it happen, etc.
So yeah, the other point is, when this is all said and done, with that 500+ million in assets, we may or may not get anything. I'm leaning towards the same figure you are, $1 or even as high as $2. we never know unless a committee is formed to represent the commons. Right now, no committee is formed for the commons and there is hope that one of the bigger financial banks and/or portfolio holders that owns millions in shares of the stock will help form it to get some, or most of the money back.
going to be awhile. But if that happens, good chance this will shoot up to $1 or higher as people will know that someone is now fighting for the commons
