Replies to post #1244 on Sharper Image (SHRPQ)

[Captain Hindsight]

That's the golden question my friend. I have watched this for some time and last week out of nowhere someone took a large position.

[19always51]

Sadly, I know a lot about retail but squat about stock. Your question led me to do some research. It seems that when a company has filed Chapter 11 and is coming out of it, stock may be traded under 2 names. The old stock from before the BK gets a Q at the end as in SHRPQ. The new post BK stock has no Q. Sharper Image was acquired by ICON, a nice stock trading at over $19. The old stock, like ours is generally worthless unless all other debtors have been paid off. Should that happen our stock may have some value, not likely though. As I said I really don't know anything about stocks, I just play with sub penny's for fun. I do hope that I am totally wrong in my understanding of what I read. PLEASE, PLEASE, someone tell me I'm wrong.