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phoenixdove

03/28/12 4:31 PM

#2671 RE: ErnieBilco #2670

Yeah-I certainly wish it was otherwise. Had alot of hope for this one. A Chap 11 would've been a cross your fingers & maybe they'll reorg and have something left. But with a 7, even the secured creditors don't get their $$. Lawyers and the Court get it first. People that are saying otherwise either know nothing about bankruptcy or are trying to dupe others into buying so they can sell a bit higher. If the latter, I hope they crash when the door shuts all of a sudden.