Frank - I would almost accept "idiocy". But do you think there could be bigger issues involved here? Just about the only "honest" BK I have seen in a long time is American Air. Where the investors are thinking the court is going to do the honest American thing.. and the stock is up 1,500% since the low. (Wouldn't it be nice if PCX court would report it was following the good old American tradition.. and protecting bought and paid for stock.) PS I am still not sure about the AMR situation. BUT! It does seem hard to believe that that judge over there would wipe out the current AMR $6.50/share stock value. But who knows...