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Old 10-18-2020 | 08:48 PM
  #207  
stbloc
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Joined: Dec 2007
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Originally Posted by Excargodog




That is a very valid question. What WOULD anyone pay $12.46 a share for something that is most recently losing $8.19 a share annually? Nor would I bet on any dividends any time very soon.

But I’d think reorganizing under Chapter 11 is more likely than liquidation.
Do you realize the stock becomes worthless in chapter 11?
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