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Microcap & Penny Stocks : Trading post-bankruptcy bounces -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (40)5/25/2009 5:50:45 AM
From: RockyBalboa  Read Replies (1) | Respond to 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).



To: Real Man who wrote (40)5/26/2009 2:38:17 PM
From: RockyBalboa  Read Replies (1) | Respond to of 93
 
Well... it did so today; but then: Zombie dance dance!