Replies to post #6799 on TMST Inc. (fka THMRQ)

[vpagano]

How can you say it is a gold mine when, as EI has stated, equity is billions from being in the money? I never understood the point in playing around in bankrupt stocks when risk adjusted they usually are a loss of capital. Don't get me wrong I hope equity is in the money because then the senior notes are paid in full, but it doesn't make sense to my young analytical mind. If you are trading swings in penny stocks wouldn't you want plenty of liquidity? Now you just own lottery tickets it seems. But still, best of luck since your gain is mine as well.

[riach]

i'm sorry. i lost a good chunk of change in this stock during the credit crisis and i have been following the legal proceeding for years since they declared bankruptcy. but i fail to understand, with the amount of liabilities owed to creditors and their repeated statements that there are no proceeds expected for common shareholders, why people continue to think there is opportunity here. please explain why you think this is a "gold mine"...