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suave_slav

11/19/10 8:15 AM

#6038 RE: paidmyway #6036

I also sold out 100%. Just can't wrap my head around this any longer.

While I'm glad the company has an approved deal, I'm really disappointed overall.

This company - of all the BK companies I looked at recently - had the best chance of going GGP-like. The stars seemed aligned with the industry supply/demand, the weakness of the dollar, and much more.

It's too bad the government and Tronox crushed us so hard. I don't understand why current equity had to be wiped out.

Anyway, this is a good lesson - if Tronox didn't work out then don't dare invest in any bankruptcy equities.