...for those that followed the 'signs; the heavy trading volume and the short sales up to that date 'with absolutely no reason, notes such and took caution and stepped out.
...and then followed the hearings live.
...remember at the pre-meeting banter time; Rosen and everyone were smiling and shaking hands?
...BINGO.
...bids as low as $7 and $11 and $15 were easy and taken in the thousands on bids in the ten thousands, when the GLOBAL SETTLEMENT AGREEMENT was announced and the terms sans equity, and they sold out easy at $65 hours later.
...for those that follow the signs, that was a great day.
...that also believed that there was value in the NOLs of the reorganized debtor.
...other great time periods when BDO was forced to be retained by EC, Susman et al versus the $7.5M joke PJ Solomon (remember, PJ Solomon's valuation is hundreds of billions; heard that $ before, since and again).
BABANBOB
While all or many were selling out , just WHO DO YOU THUNK was buying all the shares hitting the floor????????????????????Go back on that day and look at the numbers in preferreds