I bought at $50.
How does it matter 3c or 1c?
Sentiment: Strong Buy
AMR didn't trade down at 3 cents and had good a bounce after filing CH11.
ANR seem to be a dog with no bounce at all.
Thanks. I understand that.
Have the assets been revalued before filing CH11?
Or, the value taken from existing books?
If the asset valuations improve, wouldn't existing common shareholders get some thing like 10 or 20% ?
For me, the stock seem to be manipulated a lot at his time.
25C or more?
JRCC traded as high as 46C after filing Ch11? Why ANR is trading well below the book value? What is going on here?