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Post# of 111846
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etzetrade

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etzetrade

Re: JERSEYHAWG post# 14585

Monday, 09/24/2012 8:15:29 PM

Monday, September 24, 2012 8:15:29 PM

Post# of 111846
If you were senior creditors, would you be happy to get 0.18 on a dollar and give up the rest of assets (nols, archstone, etc.)in reorg? If seninor were satisfied, then CTs would be more than 0.25/share. We have seen it yet.....

Like Marayatano said "CTs are lottery". I think Mara is working in a BK law firm. Take his advice and IMHO not buy any if the price is over 0.03/share

By the way, I maintained my portfolio and never sold one share yet.

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