SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Robohogs who wrote (1288)7/20/2005 10:01:54 PM
From: Galirayo  Respond to of 3722
 
It's easy Jon .. They have 2 choices.

Reorganization .. They will Still Trade.
or
Liquidation ... They go to Zippo.

Re Org fails .. They Liquidate.

Like Pan Am .. or TWA.

ABRX will "Try" to get a ReOrg Approved. lol

Say ... Spitzer ??
biz.yahoo.com
[snips]
In addition, Citizens Bank of Massachusetts has cut off the company's $20 million line of credit.

But the Chapter 11 filing contained optimistic statements about the company's future, saying Able representatives have been in discussions with potential investors and that the bankruptcy reorganization, combined with a potential FDA consent decree and a recapitalization,

Maybe they'll call Icahn so he can Chomp em up.