InvestorsHub Logo
icon url

Madclown

12/18/09 1:51 AM

#51220 RE: jaxstraw #51219

Based on what we know from the public filings we can account for at least 92 million shares or about 38% of the outstanding shares that are in the hands of institutional players. There are several other institutions that we know own shares but those totals are not yet known. This level of institutional ownership in a company in chapter 11 bankruptcy, this far into the process, is not normal. These folks have taken an equity position alongside all of us "unsophisticated" IHubbers.