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johara7770

07/01/10 9:31 AM

#7008 RE: puppydotcom #7007

Going on about? Someone asked why it is that the stock was holding value. I simply stated what the law was. In bankrupcy you have pre-petition and post petition claims. All pre-petition claims will be paid with whatever assets remain. This is why we have bankrupcy laws people. If the government wants any of the old companies assets they have to purchase them. It may not be worth much, but they are worth something. I can only imagine that is why people are holding onto or purchasing this stock.