RE:Colt AlertThink this is a little premature. My understanding is that the stalking horse bid functions as the "reserve low bid" for future bidding. So bidding will continue with no one able to bid lower than this one. I still don't have much expectation of any compensation for shareholders, because they almost always are completely wiped out in these situations.
seems like a company with cash could come out pretty good in this situation. But I don't know the details of the NCU property.