Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: hondodog Big red star, 1000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 220  
Subject: Re: reaction to Ch. 11? Date: 7/13/2001 9:58 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
i highly recommend you back up and read some older posts....especially 110, and those on subject of bravery....


the summary is all about risk...

how much do you risk as a common shareholder for this stock? the answer is 100% risk....(preferred shareholders may retain some equity under the new issues, common shareholders frequently lose everything when a company emerges from bankruptcy, when the company reissues stock and simply omits the little guy...you might reference the history of fruit of the loom FTL, old johns manville roofing JM, etc. for examples of this...)

how much do you gain? the answer is not calcualable, maybe 2, maybe 10x...

what does that mean to you? it is up to each individual to assess risk and reward...

always do your own due diligence, and assess your own risk/reward comfort factor....

after all, this may be real money you are spending....


good luck all!
(voluntary disclosure: bought low, sold on spike, will wait until this emerges from courts prior to reinvestment)

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Value Hounds

Kate Spade's Wild Ride
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement