Replies to post #1593 on Akorn Inc fka AKRXQ

[contrarian bull]

Does today's price action suggest that someone in the know knows that there will be more than a nickel a share left over from the bankruptcy to distribute to shareholders? Or is it just random speculation?

Don’t know, but it went down as low as 6 cents on its first day in OTC. But you are right, the missed revenue doesn’t change anything. IIRC, the stalking horse bid of a billion, should leave shareholders about 75 to 80 cents a share.