Replies to post #3978 on Patriot Coal Corporation (fka PCXCQ)

[frankj]

I'm not talking about personally, I'm talking about when you have a financial institution. You saw the list where huge places hold millions in stock in the company

If other financial places see that they treated the share holders like this, why would places like that want to invest in it. Some are part of portfolios, etc.

If all of those places lose 40 million, its stupid to buy into it again when they just lost 40 million

when they go BK again, you lost it all AGAIN.

if you have a pattern to it, then you are taking a risk no matter what with the same company that keeps doing it. They have no "loyalty" to their share holders, then why invest or put money in a company that doesn't care or keeps lying