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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (5735)7/9/2009 12:40:27 PM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
Hmm. Difficult to say, Bonds clearly indicate default. But the stock could be, like GM good for some footballs... of course much of their liabilities are pension related and so, it could like UHAL, survive.

UHAL spent a few months in BK with the stock at 2 or less. Subsequently it ran to 100.



To: ggersh who wrote (5735)7/10/2009 12:28:30 PM
From: RockyBalboa  Read Replies (3) | Respond to of 6370
 
AIG bouncing mightily from low 8, for the first day in like 14.


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