Replies to post #6669 on Exide Technologies fka EXTC

[MasterBlastr]

They had to mop up the convertibles - all the holders of this debt could do was convert them to shares and dump them. I doubt they even got a penny on a dollar. This was a massive trainwreck of a bankruptcy. I could see after about 10 minutes of DD that shareholders were getting zip. No shot.

[BaGr]

I understand what you are saying now.