Post by
jascas on Dec 16, 2013 3:54pm
Whats going on?
Why has this dropped 50%?
Comment by
birdie22 on Dec 16, 2013 4:50pm
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.
Comment by
jascas on Dec 16, 2013 7:18pm
Worth a punt for quick 20% gain?
Comment by
birdie22 on Dec 16, 2013 7:29pm
Or 50% loss tomorrow when the day traders get tired and move on.