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Old 10-19-2020 | 05:03 PM
  #225  
stbloc
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Joined: Dec 2007
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Originally Posted by Mozam
I guess a better question is ,If AAL files chapter 11, would you buy the new shares ( penny stock) at 32 cents a share ? It is still a risk
No because what happened last isn’t the norm. I like speculate but to much debt this go around for me to play this one. I would have to go back and look at the financials from the last BK but my guess is it wasn’t as bad. Someone else here might be able to answer that. If it wasn’t for the merger my guess is no one would have got paid. If you have some mattress money go for it, just don’t except to get the same results. Just don’t buy now, you need to buy them in BK.
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