Replies to post #2296 on American Apparel, Inc. (fka APPCQ)

[davidaames]

Watching where?

[Wisdumbtree]

Yea I don't understand the people thinking the BK plan is better. Debtors don't get all of their money and shareholders get wiped out. In the buyout shareholder stay, debt holders get almost all their money upfront and can still be paid and they end up with equity in the company.