Spending, Production Slowing: Happy Holidays, You're Fired [View article]
MikeZ: If all shareholders take a 100% loss then who winds up 'owning' the company?
The current shareholders have already paid for the shares. They own a piece of the company. Period. What that piece is worth is determined on the market by voluntary bids for purchase. The only way to "give" shareholders a 100% 'loss' is to take away their ownership.
If that's part of the 'package', who winds up with those shares?
Spending, Production Slowing: Happy Holidays, You're Fired [View article]
The current shareholders have already paid for the shares. They own a piece of the company. Period. What that piece is worth is determined on the market by voluntary bids for purchase. The only way to "give" shareholders a 100% 'loss' is to take away their ownership.
If that's part of the 'package', who winds up with those shares?
A Gigantic Buy - Cramer's Stop Trading! (9/23/08) [View article]
You get what you pay for.