Post by
RonJadler on Feb 03, 2014 9:42pm
Deep breathing..
Here is a more practical writeup on Chapter 11..
https://www.schreiblaw.com/pdf/Chapter11.pdf
and if that doesnt help, then try this..
https://www.anxietybc.com/sites/default/files/CalmBreathing.pdf
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I would gladly buy your shares, but the market isnt open.
The company has plenty of assets.. this is an administrative play. Its not risk free, but this is an ok scenario and there is nothing that you can do now. Just let it play out, there is money to be had.. its now a "non-traditional" investment, but imho it will be a good one (if you bought at the right price).
Comment by
RonJadler on Feb 03, 2014 9:44pm
Another article on prepackaged chapter 11 that is useful; https://bit.ly/1lxS2ve
Comment by
Fullblast on Feb 03, 2014 9:58pm
Thank you Ron, this is the best read I've had on chapter 11.