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Microcap & Penny Stocks : Trading post-bankruptcy bounces
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To: Real Man who wrote (40)5/25/2009 5:50:45 AM
From: RockyBalboa  Read Replies (1) of 93
 
Here is a way how to trade the coming bk; trading levels of senior debt are important. Leapfrog risk is priced in to some extent,

seekingalpha.com

Note - it is important that it is really BKd otherwise the debt will never restructure.

For common stockholders it means a price of about $0.7 to 0.8 per share assuming the issue of 62B shares after all is said and done. (it also shows how overvalued stock is compared to senior debt).
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