SVCDQ, temporary board? Message Board

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Microcap & Penny Stocks : SVCDQ, temporary board?

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To: Topannuity who wrote (20)	2/23/2000 8:25:00 AM
From: Arthur Tang	Read Replies (1) of 66

It is surprising that there were people buying at all. However, the plan has not been approved yet. Daytraders still can work the stock and recover their investment. This is written in the analysis for beginners board, "wall flower" technique of daytrading. Until the reorganization plan is finalized, there will still be twist and turns in the fortune of SVCDQ. Present plan may end up with chapter 7 yet. Which the Fleet Retail will also get nothing, if the plan does not work. Stockholders in the bankruptcy court has very little if anything to say. Since the unsecured creditors will get the new issue of stock at the exit of the chapter 11 in April 2001; they will probably examine the plan carefully. The stockholders will get nothing is based on the net worth which is negative or will be negative at the time the reorganization plan is approved.

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