I like this stock, but I don't think it's worth over 50 cents. I can see the new shares reaching past $25 sometime within the next year, but at 72 cents, that's a breakeven.
No, if whatever is happening subsides, and the stock gets back to a reasonable level, I'll buy a chunk and look for a double at $25, not a breakeven. Way too much risk to have to depend on new shares reaching $25.
Again people, look at the numbers in the various press releases. 141 share of current, for one share of new, plus a few warrants. BAsed on the "enterprise value" placed on this company by banks and bondholders, current stock is worth betweeen 10 and 11 cents.