Replies to post #7028 on Patriot Coal Corporation (fka PCXCQ)

[marayatano]

The current stock will be canceled. There are no guarantees on any security unless it is in writing.

Common stock has no guarantees written nor implied.

Comments by the CEO are on a best efforts basis, not a guarantee.

The creditors deserve and are contractually paid before anything can be paid to common stock holders. This is codified in the federal bankruptcy code.

Time to move on...


imo