Replies to post #7511 on GT Advanced Technologies Inc fka GTAT

[samplescave]

...and Good Luck selling those "Heaters" for what Apple has in them.

The equipment is considered "Used".

They (might) get Used prices ~

[tommer]

umm totally false....Really?
the creditors are getting a small percentage of their debt repaid,
they are first in line, and you say the shareholders aren't wiped out? That is ludicrous....
1.Secured creditors
2.Unsecured creditors
3.Preferred shares
4.Common shares
Take a good hard look at this list....
it is the order the debtors are paid
COMMON usually gets wiped out
in 95-98 percent of cases
Are you familiar with the term who knows?
of course there are exceptions
don't attack me for nada
and of course it takes quite a while
sheesh