I am not selling anything its all or nothing see you Feb 3rd ~!~!!! We will know Jan 27th who has placed firm bids and once we get to 2 or more its auction time. This will go to auction. WATCH !!!
It would put my net worth into the multi millions and would help. But 40/share would make instantly retire. yes !
because there is risk that we can all get zero if the bids do not exceed $500-600 what bondholders are owed. there is risk but in my opinion not likely.
yep you are right. commons shares are common shares. periods. there is no difference when you bought or why you sold. period.
shares are shares. the price dndn is bought for minus bond debt, will be divided by thecurrent number. if you owned and sold in a panic, thats your problem. if you buy now then you own a slice of the company based on your shares divided by total. period. anything else is fraud and the BK court will not go with this.
US Federal BK is in control. BOD is done. Nothing happens without approvals from Federal court. We go to auction. Whoever bids highest wins. Its out of the hands and ontrol of everyone else.
ayup...do the math. $1.5 billions minus $500 debt divided by 159 millions shares. about $6.28. you get the picture. place your bets put your money on the roulette wheel. feel lucky?