Replies to post #7 on ATP Oil & Gas Pref Shares fka ATPGQ

[56Chevy]

That's a tough call ROCKhard and it really depends on how much you understand about Chapter 11 corporate bankruptcy (BK).

Is there "value"? Right now today I would say no. But that could change.

As to your question "when" something may be resolved ATPG just filed for BK August 17th of this year...so based on the average length of a BK I think it's fair to say this won't be over until late 2013 ~ early 2014.

Since that's the case there isn't any rush to get in and I would encourage you to understand it better before you do.

Do you consider yourself a stock "trader" or a stock "investor"? There are entirely different considerations for each and that's the reason I ask.