Replies to post #1047 on Eddie Bauer Holdings (fka EBHIQ)

[downsideup]

From their latest filing:

"As previously announced, management of the Company believes that there will be no value for common stockholders of the Company in the bankruptcy liquidation process. Stockholders of a company in Chapter 11 generally receive value only if all claims of its secured and unsecured creditors are fully satisfied. The Company believes that the claims of its creditors will not be fully satisfied, even after completion of the Sale or future sales of remaining assets, if any, in the liquidation process."

If you can't figure that one out... I think they've also said they will cancel the shares.

[cosmoworld7]

honda, just because one company runs, it doesnt mean all of them in a similiar situation will. what else makes you htink this will go to .50 - it seems highly unlikely IMO...

[The Night Stalker]

It could happen but its gonna take time