This is a security thats involved in a CH 11 Debt Reorginization BK.
There is a certain risk to take. NEVER should anyone take word from others. This is YOUR investment.
None of us are insiders. We do not know what the outcome is. Best practice is to conduct Due Diligence, take note of all possible outcomes, and make sound decisions.
In my personal opinion, things will turn out in share holders favor. We WILL NOT know this until confirmation of the BK.
Three options: Buy, Sell or hold.
Pick one.