No. of Recommendations: 0
I picked a few up extremely cheap (at least in regards to face value) after the company declared bankruptcy as a speculative play on what appeared to be developing into a battle between two groups of stakeholders.

The company has exited bankrupty and I've now got a few new tickers in my E*Trade account - it usually takes E*Trade a few days to get them labelled properly. I haven't paid much attention to the proceedings as I had a small amount invested, so I am not sure yet if the purchase will end up being cheap or not in relation to the final value. But I should know(or have a clearer picture) soon.

Print the post  


Live Video Event Monday!
The GP team is hosting a live video event on Monday at 4 p.m. ET. Don't worry if you can't make it — we'll have a replay and a transcript. Click for more!
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.