posted
Hell yes. Though it seems to hinge on whether they get funding to pay their debts or file for bankruptcy. See my posts yesterday afternoon under "CHK added to S&P500" for more.
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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August Cole, MarketWatch Last Update: 4:31 PM ET Mar 3, 2006
SAN FRANCISCO (MarketWatch) -- Automotive supplier Dana Corp., whose shares have lost more than half their value during the past two sessions, threw its U.S. operations into voluntary Chapter 11 bankruptcy protection Friday, conceding that they were no longer able to meet financial commitments.
Should get relisted as a pink sheet (I am totally wild ass guessing, but maybe .10-.30?) and make an insteresting intra-day play. Anyone else interested now?
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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posted
DCN now trading as DCNAQ, >60 mil volume, price ranged today between .7 and 1.67!
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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posted
stabilizing nicely around .80. Gonna watch a few more days before making any move.
Posts: 49 | From: Tucson, AZ | Registered: Jan 2006
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