I had a 3B sell at .0001 for $300K queued up on 5/23 and still do not know whether I made the right decision by not pulling the trigger. I am sure many will suggest the answer was obvious. I still am not so sure.
I keep asking myself "1 share sold short 180,000 times or so" ...
and "What is the true value of that 1 share? $15,000 ? More ?"
Never has such a situation existed so caution might be a good thing?
I still have not placed a sell order.
Again, I am a deer in the headlights. Hummmmmm.
With the new bankrupt laws going into affect in October .... Hummm?
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