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HighRider

04/13/11 9:42 AM

#43468 RE: sirhaggus #43467

It should be a very interesting hearing friday. I can't really see any filing over the past year that is this exciting. I don't have any other stock that provides this much drama, thank goodness. I can only handle one drama at a time.
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GeneralLee

04/13/11 9:51 AM

#43469 RE: sirhaggus #43467

Nope not even during the .com error.
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litton51

04/13/11 11:26 AM

#43471 RE: sirhaggus #43467

>>Has anyone here invested in another stock with the same kinda drama that this one has displayed over the years?

Yeah. Gridline Communications and Biofuels Power. One is running in England but still hasn't started trading, and the other is a penny stock on life support.
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drkazmd65

04/13/11 11:55 AM

#43472 RE: sirhaggus #43467

Yes and no sirhaggus,

Have invested in two stocks (both highly speculative) in the last couple of years that have had a lot of drama, but different types. From my perspective - neither of them has dragged out this long - but then again I have only been here a bit over 2 years now so I don't have quite the same perspective as some of you-all do regarding how long this has taken.

One of these stocks paid off well enough (GGP) - the other has its issues still ongoing (WAMUQ / WAMUK).

However, both of these stocks were running through somewhat contested Chapter 11 Bankruptcies. Both cases I bought in after stock prices crashed. One has emerged with equity shareholders largely intact and was highly profitible for me. One is lurching its way through the court systems now and could still crash & burn.

Anytime litigation is going on (be it BK or what we have here) and lawyers are involved there is going to be drama.