Replies to post #158 on Wolverine Tube Inc (fka WLVTQ)

[ChuckD-MSB]

I DID "share where the information came from" I put the link at the bottom of my post. Here it is again from Bloomberg.

http://www.bloomberg.com/news/2010-11-01/downey-tridimension-point-blank-loehmann-s-threat-to-sue-bankruptcy.html

I did some research on the company today, and they look like they will be fine going forward, but NOT with the current equity. They appear (at least from their filings) that they have way more liabilities than assets, even if they are doing 400 mm a year in revenue, I cant see the Trustee or the judge approving an Equity Committee. There will probably be some good trading over the next 60 days as most of the "Q"'s have big % swings, but the "Greater Fool" theory applies IMHO. Good luck with your investments.