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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?


To: Joe Smith who wrote (28148)1/30/2006 11:37:39 AM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
Because the old stock is worthless. Secured creditors are first in line in a bk, and the debts were mega. They get the new stock.

There was a story in the Trib last year about people who thought they would make $$money buying up the United stock, one guy actually bought something like $1 million worth.
He has a lot of toilet paper.