YOU ARE RIGHT, PREFERRED SHARES MAY GET SOMETHING! Common will get a class action lawsuits which will take years and the lawyers will get most and .10 for every 1,000 invested and that's if your lucky because it was .55 when they took it over.
My gut feeling is this going under $1, I'm going to see what happens in the morning before they report the news of what going to take place. I feel bad for those that bought high and usually I would say average in but it may be a big major mistake. They going to vote it in for many reasons they could get rid of the shares before more profits roll in and they have the rights to say payment was paid to taxpayers and they will start a new company, I got burned with UAL, GM and few more that the old shares were gone and new shares were created.
After the class action lawsuit i'll probablt get .37 cents and will probably waiting 5 years for that!
IT ON CNBC NOW!!!!!!!!!!!!!!!!!!!!
NO, It not bankrupt. You will be converted to the new shares which will probably be worth 10X the price now.
Either tomorrow morning or toward the close, why? Because it going over $10
This stock goes up in the morning and has a little sell-off but goes on fire toward the end of the day and opens up big in the morning....This pattern is happening over and over.....
Taxpayers on track to net $179B from GSEs. If the #$%$.k.i.g government making money on the ganbling to save FMCC and FNMA where my check in the mail after all they gambled with my future and if it failed I would have to pay more in taxes, so they need to start to pay the PUBLIC BACK OR LOWER OUR TAXES 179 BILLION WORTH OF TAXES OR GET OUT OF THE PRIVATE MARKET!!!!!!!!!!!!!!!
Just like last time~~~remember~~ you know who going to sell short
Profits +,upgrades, +buybacks, +take-overs, +hedge funds buying, +panic +,investors confidences,+high volume, +growth= $100
That's funny! Baker Brothers and Black Rock hedge funds beside the many others don't see it like that and very well invested. watch out when those 2 hedge funds are buying the same biotech company's stock. Also when I'm buying because I bought ACAD at $2 and those hedge funds came in at $4 in ACAD so actually I'm very much ahead of the game. AVNR is a $10 to $20 stock. Who are you kidding with you message. Good Luck to you and your Guru but remember come back and read my reply when this stock is over $10