USEC Inc USU

Whats going on?

[jascas]

Why has this dropped 50%?

[birdie22]

I thought it would drop 90% . Restructuring, volunteer chapter 11 early 2014 and existing equity holders end up with only 5% of Company .Existing debt holders and partners on the centrifuge trials get 95%. So only a 50%drop not to bad.

[jascas]

Worth a punt for quick 20% gain?

[birdie22]

Or 50% loss tomorrow when the day traders get tired and move on.