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Re: zuniger post# 61245

Wednesday, 02/19/2014 9:42:52 AM

Wednesday, February 19, 2014 9:42:52 AM

Post# of 66390
True, look at GM's old stock, it trade as "Liquidation Motors' (or something like that) and did quite well, for a while. But, it's a game of 'Hot Potato', because as soon as the bankruptcy is complete, the stock doesn't exist anymore. No conversion to new shares, no traded as an empty shell, nothing just gone. There are better odds with the lottery than there is on a BK stock. If a mega-corp like GM can't protect shareholders, what makes anyone think CERP can. I mean, they couldn't even give them 'Par Value' for their faith & loyalty.


GLTA

In case I forgot to mention it above, Always Just My Very Humble Opinion