company has too much value.
they had 1.23 Billion in Shareholder Equity
just 3 weeks ago. They only lost 141 million
in Equity over the last 6 months ! How can you
expect that Equity to dissapear, it hasn't.
I've played bk's where Common survived and
the stock went up. As long as we have steep
Shareholder Equity, it's just a process to
emerge from. Regulators forced MF to raise
billions in debt to post to the Euro bonds
even though they are only a few pennies under
FULL PAR. That is ridiculous. We're looking
at a value well into the 3-8 dollar range
even in any bk.