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Old 07-28-2010 | 05:58 PM
  #61  
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Originally Posted by stbloc
You can't go by the stock price. The share are worthless when the reemerge from BK.
Sure you can. .04$ x shares outstanding = market cap.

While the shares most likely will end up being worthless, there can be value post BK. Checkout this article about NWA's exit in 2007.


http://www.nytimes.com/2007/02/16/business/16air.html
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