Replies to post #537 on MF Global Holdings, Ltd. (fka MFGLQ)

[the cork]

I figure they were at 6.50 prior to when the chit hit the fan.

Q's can drop as much as 99% on the death drop, but more typically in the 90% range.

Since .65 is long gone, I opted for the more extreme of the two and bumped it up from .065 to .07

This one was a bit more confusing since trading was halted at 1.20 but the same formula could apply there too.