Replies to post #266 on Genco Shipping andTrading Limited (fka GNKOQ)

[iambadbert]

Glad I got out all I can say about that.

[sts66]

Common shareholders now have the right to buy back 6% of what they previously owned.


What does that mean? I just stumbled upon this bankruptcy news 15 mins ago - did retail get totally wiped out? TDA shows GNKOQ symbol and the supposed value of the shares I hadn't dumped yet, but that can't be right. CRAP!!!