RE:RE:NYSE delisting notice coming soonI think Riskreward is right on the delisting. That typically brings a big momentary drop in the value of a company and can be a short term trade if you are into that.
A chapter 11 is also a possible event in the near future. If the stock is allowed to trade at all, one might wanna pick up some shares at pennies on the dollar and hope they are able to pull through without destroying all the equity. This is high risk high reward. It is how people get rich if they get it right and end up poor if they get it wrong. Remember: Hope isn't always a winning investment strategy.
I will probably buy some if BAA has a substantial drop in the hours/days following a delisting, and wait for financing or the price of AU to skyrocket. I think there is amazing potential here for those that are long or are taking a position at these prices and I may miss the boat since I am don't presently hold a position.
GLTA